Check out what’s clicking on FoxBusiness.com Americans who underpay their quarterly estimated taxes could be hit with a surprise bill in the spring. That’s because the IRS penalty for individuals who fail to make accurate, on-time payments – or don’t pay their estimated taxes at all – surged to 8% …

The alcohol industry has asked for a reduction in ‘harsh’ duty rates. The Wine and Spirit Trade Association (WSTA) says last year’s increases had a ‘quick and negative effect’ on UK businesses. They have asked the Chancellor to help recover nearly £600 million in losses to the Treasury, arguing that …

SHVO Chairman and CEO Michael Shvo speaks to FOX News Digital about his $2 billion investment into Miami Beach real estate, Art Deco restorations and the future of the lifestyle and cultural hotspot. Paralleling Miami Beach’s turquoise, glassy waters and sunny coastline are the pastel-colored buildings with neon lights that …

Britons are finding ways to save money as spending in discount stores has shot up by 41 percent compared to last year. This is according to customer data from Nationwide Building Society, the UK’s largest building society. Nationwide says that people are turning to bulk buy and discount retailers as …

‘The Wolf of Investing’ author Jordan Belfort on New York’s alleged politicization, the push for financial literacy in schools and importance of a college degree. Parents and their adult children have revealed what it is like to live together as young Americans in their 20s and 30s increasingly remain at …

A hotelier has urged for Chancellor Jeremy Hunt to bring in tax cuts including a redution in the VAT rate in the Spring Budget. Steven Hesketh, founder of The Hospitality Hero, told Express.co.uk: “I would like to see a flat drop in VAT to 17.5 percent to give everybody a …

Tax experts are warning that HMRC is ramping up its checks into IHT tax filings in a drive to unearth errors and underpayments. Basic errors in calculating this complex tax could attract harsh penalties. HMRC on the hunt for families who haven’t paid the correct amount of inheritance tax, reports …

Bailey said that consumer price inflation (CPI) doesn’t have to fall to the BoE’s target of two percent before it starts cutting interest rates. I was stunned. Truly. That’s the first flash of common sense I’ve seen from the governor in ages.  It raises hopes that the UK will see …

The DWP has issued a response to calls for the tax-free allowance for pensioners to be increased from the current £12,570 to £15,000. DUP MP Gavin Robinson asked in Parliament if the Chancellor would assess “the potential merits of increasing the tax-free threshold for pensioners to £15,000”. Financial Secretary to …

Banking giant HSBC has announced pre-tax profits rose by 78% – fuelled largely due to the high interest rates. Its pre-tax figures show profit rose to £23bn ($30.3) in 2023, up from £13.8bn ($17.5) in 2022. It comes as banks across the world rose interest rates to help curb rising …

Independent Russian outlet Dossier Centre has compiled a rendering of Russian President Vladimir Putin’s deluxe compound, complete with a bathhouse, a fishery and farm and private access to a waterfall and lake. (VIA: East2West) The mission to sanction Russian President Vladimir Putin continues to prove difficult as he keeps his …

Check out what’s clicking on FoxBusiness.com A coalition of labor unions is claiming that Starbuck’s approach to dealing with its yearlong labor issues is “broken” and that the company has “lost its way.”  The Strategic Organizing Center said in a statement Tuesday that the coffee giant’s “flawed human capital management strategy …

Some student loan borrowers refuse to repay debt, hoping it will send a message to the government. (iStock) Millions of borrowers have missed student loan payments since the October restart and about 1 in 10 are refusing to pay in the hopes it will pressure the government to cancel their …

Circled Squared Investments founder Jeff Sica discusses whether Microsoft can take over Apple as the company with the biggest market cap on ‘Varney & Co.’ A Washington, D.C., federal jury convicted two Chinese nationals on Tuesday, for being part of a scheme in which they submitted over 5,000 fake iPhones …

Working class voters John Cataneo, Phillip Downell and Andrew Craig join ‘America’s Newsroom’ to explain the real-world impact of inflation on everyday Americans Just a fraction of Americans believe the economic policies enacted by President Biden are helping middle-class families, according to a new poll.  Findings published Tuesday by Monmouth …

Ed Bastian addresses the $1.4 billion profit sharing payoff to employees. People rushed to scoop up tickets for a Delta Air Lines flight designed for watching the upcoming total solar eclipse. Hopeful solar eclipse viewers have already bought up all the seats on the Delta Flight 1228 slated to run …

Cyber-attacks against Americans at all time high over past two years. Federal and state funding is trying to beef up cybersecurity of local governments as threats rise. Smart camera company Wyze said that a glitch with its network last week allowed some users to see footage from security cameras that …

FOX Business Jeff Flock reports from the Celebrity Ford of Toms River dealership, where electric F-150s arent driving off the lot fast enough. Ford Motor Co. on Tuesday said it had cut prices on its Mustang Mach-E electric SUV by up to $8,100 after sales fell sharply in January. The …

Check out what’s clicking on FoxBusiness.com Employees at a Dubois, Pennsylvania, Goodwill Industries warehouse came across a rare 14-karat gold LEGO mask, which has since been put up for auction and could fetch thousands. Goodwill Industries of North Central Pennsylvania posted on its Facebook page that the 14-karat gold LEGO …

‘The Wolf of Investing’ author Jordan Belfort on New York’s alleged politicization, the push for financial literacy in schools and importance of a college degree. Famed former Wall Street broker Jordan Belfort commented on the diminishing value of a college education, after a new report found some college students learned …