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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Taxpayer Advocate Service Feed

TAS Tax Tip: It’s Always a Good time to Check Your Tax Withholding

Fri, Mar 22, 2019

Finished with your 2018 tax return? If you are, and even if you are not, now might be a good time to check your tax withholding amount for this year, 2019, by doing a paycheck check-up now so you have the right amount of taxes withheld in your paycheck each week. No one likes surprises come tax time and this will hopefully eliminate the chance of any surprise. Why check it at all? The...

NTA Blog: Fraud Detection Filters: Recent Changes in the IRS Fraud Detection Program May Reduce Taxpayer Burden While Continuing to Stop Fraudulent Refunds

Wed, Mar 20, 2019

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at Over the years I have repeatedly raised concerns regarding the IRS’s Identity Theft (IDT) and non-IDT refund fraud programs. Most recently I expressed these co...

NTA Blog: FREE FILE: The Free File Program Is Failing to Achieve Its Objectives and Should be Substantially Improved or Eliminated

Fri, Mar 15, 2019

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at In this week’s blog, I highlight my concerns with the IRS Free File program, which I also discussed in my 2018 Annual Report to Congress and my recent testimon...

TAS office intake numbers are being used in scam calls to taxpayers

Tue, Mar 12, 2019

Certain TAS telephone numbers are being used in a spoofing scam. Taxpayers are targeted by either robocalls or live solicitors claiming to be with TAS or the IRS. The caller ID displays a TAS number, but it is a scam. If you receive such a call, report it immediately to For more information, see the Report Phishing and Online Scams page ...

TAS Tax Tip: Claiming the EITC or CTC Credit this year? Here are some tips…

Fri, Mar 08, 2019

Are you planning on claiming the Earned Income Tax Credit (EITC) or the Child Tax Credit (CTC) on your federal tax return this year? If yes, then you should know some things have changed since last year. Child Tax Credit The first thing you need to be aware of is that the Tax Cuts and Jobs Act changed the requirement for claiming the CTC. Eligible children must have a Social Security Number (SS...

NTA Blog: The IRS Office of Chief Counsel is Using Email to Avoid Disclosure of Program Manager Technical Advice

Wed, Mar 06, 2019

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at This blog highlights problems with the transparency of the IRS Office of Chief Counsel (OCC), which I discussed in the 2018 Annual Report to Congress (ARC). I also d...

Register now for the 4th International Conference on Taxpayer Rights in Minneapolis, Minnesota, May 23-24, 2019

Mon, Mar 04, 2019

The National Taxpayer Advocate of the U.S. Internal Revenue Service is convening the fourth International Conference on Taxpayer Rights on May 23-24, 2019, in Minneapolis, Minnesota. The conference is hosted by the University of Minnesota School of Law and sponsored by Tax Analysts and American College of Tax Counsel, with technical assistance by International Bureau of Fiscal Documentation. T...

Taxpayer Advocate Service Toll-Free Line Is Experiencing High Call Volumes

Mon, Mar 04, 2019

The Taxpayer Advocate Service (TAS) is currently experiencing very high call volumes on its toll-free telephone line. Many taxpayers facing refund delays are calling to request our assistance, and as a result, taxpayers calling to set up new cases with us are often experiencing lengthy hold times. TAS is committed to serving our taxpayers, and we sincerely apologize for these delays. We are ta...

NTA Blog: A Personal Message from the National Taxpayer Advocate

Fri, Mar 01, 2019

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at On this date eighteen years ago – March 1st, 2001 – I walked through the doors of the IRS headquarters building in Washington, DC to begin my tenure as N...

NTA Blog: We’re Baaaaaack!

Thu, Feb 28, 2019

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at Well. It’s been a while since we’ve sent out an NTA Blog — ten weeks, to be exact. We had intended to take a break while we finalized the Annual Re...

Reuters News

Samsung Elec flags earnings miss as chip prices slide

Mon, Mar 25, 2019

Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. ...

Asian shares edge up as U.S. bond yields come off late-2017 lows

Mon, Mar 25, 2019

Asian shares bounced back on Tuesday after two days of losses as U.S. 10-year Treasury yields edged higher, but the outlook remained murky as investors weighed the odds of whether the U.S. economy is in danger of slipping into recession. ...

Standard Chartered CEO says fears of China growth slowdown, trade war are receding

Mon, Mar 25, 2019

Standard Chartered PLC Chief Executive Bill Winters said fears over a slowdown in China's economic growth and the impact of the Sino-U.S. trade tensions are "receding a bit". ...

Ackman's fund zooms ahead as he casts himself as corporate helpmate

Mon, Mar 25, 2019

For months, activist investor William Ackman promised to rebuild his record. Now he has some numbers to prove it. ...

Tesla, Elon Musk win dismissal of lawsuit over Model 3 production

Mon, Mar 25, 2019

A federal judge in San Francisco dismissed for the second time a securities fraud lawsuit brought by Tesla Inc shareholders alleging that the company made misleading comments about the production status of its Model 3. ...

Vale reports Brazil state authorities freeze $765 million of its assets

Mon, Mar 25, 2019

Brazilian state prosecutors and public defenders in the state of Minas Gerais have won a bid to freeze assets worth 2.95 billion reais ($765 million) belonging to Vale, which has been struggling since a lethal dam rupture at one of its mines, the company said in a filing on Monday. ...

Trump foe Avenatti charged with trying to extort $20 million from Nike

Mon, Mar 25, 2019

Attorney Michael Avenatti, who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged on Monday with what prosecutors said was an attempt to "shake down" Nike Inc for over $20 million. ...

Apple spotlights services with TV, gaming and credit card offerings

Mon, Mar 25, 2019

Apple Inc attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade. ...

Apple News+, at $10 a month, could deliver more content than multiple subscriptions

Mon, Mar 25, 2019

Apple Inc's Apple News+ service will offer content from 300 popular magazines and newspapers for just $10 a month. Unless you are wedded to print, it may be time to consider dumping your subscriptions. ...

Boeing readies 737 MAX software fix as families wait for crash report

Mon, Mar 25, 2019

Boeing Co will provide airlines that have bought the 737 MAX with free software upgrades, the U.S. manufacturer said on Monday, as Ethiopian Airlines told Reuters it expected a preliminary crash report this week or next. ...

Fox Business news

White House, business groups make push on trade pact

Tue, Mar 26, 2019

The White House and business groups are stepping up efforts to win congressional approval for the U.S.-Mexico-Canada trade accord....

Congress likely to question use of military funds for wall

Tue, Mar 26, 2019

Top defense leaders will face worried lawmakers on Capitol Hill for the first time since the Pentagon spelled out the military construction projects that could lose funding this year to pay for President Donald Trump's border wall....

3 High-Yield Dividend Stocks Down 15% or More in 2019: Buy on the Dip?

Tue, Mar 26, 2019

Clearway Energy, CenturyLink, and Newell Brands have had it tough lately....

Smartphone Supplier Showdown: Skyworks Solutions vs. Cirrus Logic

Tue, Mar 26, 2019

These two chip companies have a lot in common -- but also have important differences....

5 Ways Nike's Business Just Got Stronger

Tue, Mar 26, 2019

Another quarter, another round of improvements in many of Nike's key operating metrics....

Free-to-Play Games and the Future of Interactive Streaming

Mon, Mar 25, 2019

With the free-to-play revolution, video game developers and publishers are getting used to treating video games as services....

Apple's New Services Anticipate Password Sharing

Mon, Mar 25, 2019

Apple's announced plans will make it easy to give your entire family access to your new subscription....

J.P. Morgan ETFs Find Success as Client Demand Grows

Mon, Mar 25, 2019

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Meb Faber’s Action Plan for International Investing in 2019

Mon, Mar 25, 2019

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You’ll “Be at a Disadvantage” Without AI, Says Tom Lydon on Yahoo Finance LIVE

Mon, Mar 25, 2019

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CNN News

It's a major shift for the Justice Department, which previously had argued against only parts of the law

Tue, Mar 26, 2019

The Trump administration on Monday said the entire Affordable Care Act should be struck down, in a dramatic reversal. ...

Obamacare enrollment dips only slightly despite Trump's moves

Mon, Mar 25, 2019

No more penalty for being uninsured. Cheaper policies available. Less help to enroll in coverage. ...

Obamacare's 'essential benefits' explained

Sat, Dec 15, 2018

Under Obamacare, all insurance providers have to ensure a minimum level of coverage. CNN Chief Medical Correspondent Dr. Sanjay Gupta reports. ...

The inside story of how John Roberts negotiated to save Obamacare

Mon, Mar 25, 2019

Adapted from "The Chief: The Life and Turbulent Times of Chief Justice John Roberts" by Joan Biskupic. Copyright © 2019. Available from Basic Books. ...

Holdout states tiptoe toward Medicaid expansion under Obamacare

Mon, Mar 25, 2019

The national conversation around health care is increasingly about "Medicare for All," but Democrats are still working to bring Republican states on board with expanding access to a different government program -- Medicaid. ...

This invisible line divides the health care debate

Tue, Mar 26, 2019

In Texarkana, a town that straddles Texas and Arkansas, residents say their health care comes down to what side of the state line they live on. ...

Breaking down the debate over Medicaid

Tue, Mar 26, 2019

Medicaid is often at the center of the health care debate. CNN's Dr. Sanjay Gupta explains why it matters. ...

Trump moves to weaponize Mueller findings

Mon, Mar 25, 2019

For more than two years, Donald Trump has wanted the investigation into allegations of collusion with Russia to go away. Now that it has, the President isn't prepared to let go. ...

Clapper reacts to Sarah Sanders' call that he should be investigated

Tue, Mar 26, 2019

Former Director of National Intelligence James Clapper reacts to White House press secretary Sarah Sanders saying he and other former intelligence officials should be investigated after special counsel Robert Mueller did not find any evidence of collusion between the Trump campaign and Russia. ...

Pentagon notifies Congress it has authorized $1 billion to begin new wall construction

Tue, Mar 26, 2019

The Pentagon notified Congress Monday night that it has authorized the transfer of $1 billion to begin new wall construction along the US-Mexico border, drawing immediate objections from Democratic lawmakers. ...

The Wall Street Journal

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