
Kate Dore
Personal Finance Reporter at CNBC
Personal finance reporter @CNBC. CERTIFIED FINANCIAL PLANNER®. snacker. Bi. 🏳️🌈 [email protected]
Articles
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1 day ago |
cnbc.com | Kate Dore
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | ReutersHouse Republicans have advanced trillions of tax breaks as part of President Donald Trump's economic package. After debating the legislation overnight, the House Ways and Means Committee, which oversees tax, passed its portion of the legislation on Wednesday morning in a 26-19 party line vote.
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1 day ago |
cnbc.com | Kate Dore
President Donald Trump waits for the arrival of Canadian Prime Minister Mark Carney at the White House in Washington, DC, on May 6, 2025. Jim Watson | Afp | Getty ImagesDebate for the House Republicans' tax bill is underway — and experts are watching to see which of President Donald Trump's priorities make the final cut.
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2 days ago |
cnbc.com | Kate Dore
Chairman Jason Smith (R-MO) speaks during a House Committee on Ways and Means in the Longworth House Office Building on April 30, 2024 in Washington, D.C.Anna Moneymaker | Getty Images News | Getty ImagesHouse Republicans are calling for a higher limit on the deduction for state and local taxes, known as SALT, as part of President Donald Trump's tax and spending package. The House Ways and Means Committee, which oversees tax, released the full text of its portion of the bill on Monday afternoon.
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2 days ago |
flipboard.com | Kate Dore
3 hours agoHigh performance under pressure isn’t limited to Navy SEALs. Rich Diviney spent 21 years as a Navy SEAL, leading and operating on missions around the globe. In that time, he completed multiple combat deployments and had the honor of serving as the Commanding Officer of a SEAL Command. One of his …
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5 days ago |
nbcchicago.com | Kate Dore
• Trump's tax cuts debate is underway, and the House Ways and Means Committee on Friday night released preliminary text for its part of the legislation. • One key priority is fully extending provisions from the Tax Cuts and Jobs Act, or TCJA, of 2017. Some tax breaks could be boosted further, according to the House Ways and Means text. • Filers could also see campaign proposals, including no taxes on tips, tax-free overtime and tax-exempt Social Security benefits, worked into the package.
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Good tax insights from @emrwilkins’ chat with House Ways and Means Chair @RepJasonSmith🧵

I sat down with W&M Chair @RepJasonSmith at the @CNBC CFO Council yesterday to chat taxes and TCJA reauth. A few takeaways ...

There’s been huge growth in crypto gifts to charity. This year alone, Fidelity Charitable has accepted $688 million in crypto donations through Nov. 19, up from $49 million in 2023. Here’s how the strategy can benefit donors and nonprofits. https://t.co/Md8vvimtBK

Since 2018, it’s been harder to claim a tax break for gifts to charity because most people use the standard deduction. But if you itemize, it’s generally better donate profitable investments over cash. https://t.co/GoOm7I6NYa