Utah has filed felony gambling charges against Kalshi and its co-founders as court fights over state authority to regulate prediction markets continue.
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Tax & Legal Guidance
129 posts
Savers Set To Pay Higher Tax On Interest After Budget Tax Raid – How To Shield Your Money From HMRC
A reported Budget measure would raise tax rates on savings interest by two percentage points from April 2027. The final rules and details need confirmation.
The $19,000 IRS Rule Parents Overlook When Gifting A House Down Payment
In 2026, gifts above $19,000 per donor per recipient generally require IRS Form 709 reporting, even when no gift tax is due.
Regulators Unveil Plans To Simplify Senior Manager And Certification Regime
The PRA and FCA propose cutting approval and certification requirements under SM&CR, with consultations open until 22 January and policy expected in 2027.
BULL Investors Have Opportunity To Lead Webull Corporation Securities Fraud Lawsuit With SBS Law
SBS Law says Webull investors can seek lead-plaintiff status by Dec. 7, 2026, in a proposed securities class action alleging misleading disclosures.
We Gifted Our House To Our Daughters – Will They Still Face IHT Bill And Should I Take Ownership Back?
A widow still living in a home transferred to her daughters may have made a gift with reservation of benefit, tax expert Heather Rogers says.
How To Give Money To Kids Without Setting Them Up To Fail
Kiplinger outlines ways to help children financially while setting clear limits, encouraging independence and protecting parents’ retirement savings.
Economist Veronika Grimm Criticizes New Fuel Discount
Economic expert Veronika Grimm publicly criticizes recent government fuel discount measures, raising concerns over economic impact and policy effectiveness.
EU Rejects Windfall Tax Plans From Germany’s Lars Klingbeil
The EU has dismissed Germany’s proposed windfall tax, leaving Finance Minister Lars Klingbeil without approval for his plans amid ongoing debate.
Condominium Managers Sentenced For Accepting Trips From Companies
Recent sentences highlight issues with condo management and corporate trips, prompting calls for stricter oversight in co-ownership communities.