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Tax preparation

How tax and tariff questions are leaving investors in limbo

Even after the biggest May jump in 35 years for the S&P 500, investors’ understandable confusion about the future of tax and tariff policies and inflation is driving a lot of anxiety.The S&P’s value ended up 6% last month, alongside a 4% gain in the Dow and 10% surge in the Nasdaq index — a stark reversal from the steep losses surrounding President Donald Trump’s announcement of substantial tariffs, which he later paused for 90 days. Financial advisors’ expectations for the economy, as reported in Financial Planning’s Financial Advisor Confidence Outlook survey, turned slightly less negative after an all-time low…

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Tax News

Senate taking up Trump budget bill this week

Senate taking up Trump budget bill this week – CBS News Watch CBS News The Senate returned to Capitol Hill on Monday with President Trump’s massive budget bill atop lawmakers’ agendas. CBS News congressional correspondent Nikole Killion has the latest. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

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Tax News

How Senate Republicans could change House-passed Trump budget bill

How Senate Republicans could change House-passed Trump budget bill – CBS News Watch CBS News Senate Republicans will begin rewriting the House budget bill, which contains President Trump’s economic agenda, this week. Former GOP Rep. Kevin Brady of Texas joins “The Takeout” to describe what it was like when that happened to him in 2017. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

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