With the IRS expected to lose about a third of its staff after firings and buyouts, wealthy taxpayers and attorneys are struggling to navigate the new regime. The upside for high earners is clear: Fewer agents means fewer audits and reviews. But at the same time IRS audits and enforcement fall, accountants and tax lawyers say it’s likely the agency will have less capacity to provide decisions or paperwork that can solve a tax problem. Full story: cnb.cx/3S5qznK
CNBC
Broadcast Media Production and Distribution
Englewood Cliffs, NJ 2,963,481 followers
About us
Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
- Website
-
http://www.cnbc.com
External link for CNBC
- Industry
- Broadcast Media Production and Distribution
- Company size
- 501-1,000 employees
- Headquarters
- Englewood Cliffs, NJ
- Type
- Public Company
- Specialties
- Financial News, Stocks, Market Updates, Merger and Acquisitions, Investing Tools, Business News, Earnings, World Market News, Career, Entrepreneurship, Business, Finance, Markets, News, and Journalism
Locations
-
Primary
1 CNBC Plaza
Englewood Cliffs, NJ 07632, US
Employees at CNBC
Updates
-
CNBC reposted this
Elon Musk's automaker Tesla just reported a 20% drop in automotive revenue year-over-year, and missed Wall Street expectations -- which were already pretty tempered to begin with. Here are the key numbers from the Q1 2025 investor deck. We'll be listening to the earnings call so you don't have to- please check CNBC for updates... https://lnkd.in/gBqDz25u #Tesla #tsla #earnings
-
CNBC reposted this
In the years following the pandemic, remote work became the new normal, but that’s not the case anymore. Companies like AT&T, Amazon and Dell have brought their employees back into the office five days a week. What’s causing the push for employees to return-to-office, and is it the best way forward? Read more: cnb.cx/4jlOw6c
-
CNBC reposted this
Just opening or looking at a scam message won’t compromise your device or data but it's important that you can identify the scam from the jump — and before you click any links. Learn more: cnb.cx/3YsTtlu
-
-
Tesla reported a miss on the top and bottom lines in its first-quarter earnings report on Tuesday as automotive revenue plunged 20% from a year earlier. Full numbers: cnb.cx/4406DKo
-
The fluorescent red of Flamin’ Hot Cheetos, the brilliant teal of Mountain Dew Baja Blast and the colorful rainbow of Skittles may soon be dimmed. The Food and Drug Administration is phasing out the use of petroleum-based synthetic dyes by the end of next year, the agency announced on Tuesday. “For the last 50 years, American children have increasingly been living in a toxic soup of synthetic chemicals,” FDA Commissioner Marty Makary said at a press conference.
-
We're going LIVE with Senior Markets Correspondent Bob Pisani to answer all of your questions about the latest stock market moves. Tune in Wednesday at 1 p.m. ET. Have a question for Bob? Leave a comment👇
-
-
As investors face tariff uncertainty, President Donald Trump remains committed to the strategy — even suggesting tariff revenue could offset the federal income tax. "There is a chance that the money from tariffs could be so great that it would replace" the income tax, Trump said in an interview with Fox earlier this month. It's an idea that Trump floated during his presidential campaign last year in a meeting with Republican lawmakers. (Changes to the income tax would require Congressional legislation.)
-
President Donald Trump stands "strongly behind" Secretary of Defense Pete Hegseth, White House press secretary Karoline Leavitt said Tuesday, despite new reports that he discussed highly sensitive military information on a Signal chat with family and friends. Hegseth is "doing a tremendous job, and he is bringing monumental change to the Pentagon," said Leavitt. "There's a lot of people in the city who reject monumental change, and I think, frankly, that's why we've seen a smear campaign against the Secretary of Defense," she added.