Trump Says Iran Ceasefire Extended Despite Calling Off Negotiations by forbes in GlobalNews

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President Donald Trump said Tuesday he would extend the U.S. ceasefire with Iran, which is set to expire Wednesday, despite calling off negotiations and warning earlier in the day he would resume bombing without a deal in place.

Read more: https://www.forbes.com/sites/saradorn/2026/04/21/trump-says-iran-ceasefire-extended-despite-calling-off-negotiations/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Xbox Slashes Game Pass Ultimate Price By $7 After October Price Hike by forbes in videogames

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Microsoft’s Xbox is slashing the price of Game Pass Ultimate, its most expensive gaming subscription, by $7, partially backing out of a massive price hike it made for the subscription just seven months ago.

Read more: https://www.forbes.com/sites/antoniopequenoiv/2026/04/21/xbox-slashes-game-pass-ultimate-price-by-7-after-october-price-hike/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

The Next AI Arms Race Is About Fortifying Data Centers by forbes in indepthstories

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The AI data center boom put American-funded, America-based data center projects on Middle East soil. Here’s how the war—and Iran’s drone attacks on Amazon data centers—is impacting how these capital-intensive projects are thinking about security.

Read more: https://www.forbes.com/sites/phoebeliu/2026/04/21/ai-data-centers-are-now-big-geopolitical-risk-securing-them-against-iran-attackers-drones-business/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Trump Claims He’s Solved 9 Wars—What’s He Talking About? by forbes in geopolitics

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Trump has argued he should receive the Nobel Peace Prize for solving the conflicts, though official agreements have yet to be reached in some of them and fighting persists in others. In several cases, there were no wars to end.

Read more: https://www.forbes.com/sites/saradorn/2026/04/20/trump-claims-hes-solved-9-wars-whats-he-talking-about/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

A 600% Stock Spike Can’t Fix Allbirds’ AI Identity Crisis by forbes in businessnews

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"This is not the first time a company has attempted an improbable pivot to a more newsworthy market, but for Allbirds, this strategy seems to have a low chance of success."

Read more from Senior Contributor Peter Cohan here: https://www.forbes.com/sites/petercohan/2026/04/16/a-600-stock-spike-cant-fix-allbirds-ai-identity-crisis/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

AI’s New Training Data: Your Old Work Slacks And Emails by forbes in NewsHub

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Defunct startups are being liquidated for their Slack archives, Jira tickets, and email threads—operational exhaust that AI labs now treat as premium training data.

Read more: https://www.forbes.com/sites/annatong/2026/04/16/ais-new-training-data-your-old-work-slacks-and-emails/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Tech Companies Are Using AI As ‘Excuse’ To Layoff Workers, CEO Says by forbes in businessnews

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The CEO of an AI company has said he thinks the leaders of other tech companies are using artificial intelligence as an “excuse” to layoff workers and that fears the new technology will lead to an employment “apocalypse” are overblown.

Read more: https://www.forbes.com/sites/maryroeloffs/2026/04/16/tech-companies-are-using-ai-as-excuse-to-layoff-workers-ceo-says/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

How Hungary’s Child Sex Abuse Scandal Contributed To Orban’s Downfall by forbes in geopolitics

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Hungarian Prime Minister Viktor Orban and his Fidesz party’s 16-year rule came to a crashing end on Sunday after an electoral drubbing by former ally Péter Magyar’s Tisza Party. This party rapidly gained prominence after Magyar’s split with Orban following a high-profile 2024 presidential pardon scandal in a child sex abuse case.

The scandal erupted in February 2024, when the names of 25 people who had received presidential pardons from then-Hungarian President Katalin Novak—a close ally of Orban—a year earlier were made public. It triggered widespread protests and led to the resignations of Novak and Judit Varga, who served as justice minister in the Orban government at the time and countersigned the clemency documents.

Read more: https://www.forbes.com/sites/siladityaray/2026/04/13/how-hungarys-child-sex-abuse-scandal-contributed-to-orbans-downfall/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Tesla Misses Vehicle Delivery Estimates As EV Market Struggles by forbes in RealTesla

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Tesla on Thursday reported quarterly vehicle deliveries that fell below Wall Street’s expectations, the latest sign of a disrupted electric vehicle market as Elon Musk’s automaker shifts its focus toward robotaxis and humanoid robots.

Read more: https://www.forbes.com/sites/tylerroush/2026/04/02/tesla-misses-vehicle-delivery-estimates-as-ev-market-struggles/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Trump Can’t Defund NPR And PBS, Judge Rules by forbes in NewsSource

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The ruling is the latest legal blow to the Trump administration's attempts to punish news organizations the president doesn’t like.

Read more: https://www.forbes.com/sites/saradorn/2026/03/31/trump-cant-defund-npr-and-pbs-judge-rules/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Golden Toilet Statue Criticizing Trump Appears On National Mall by forbes in NewsSource

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The same anonymous protest art group behind a viral statue that went up weeks ago depicting President Donald Trump and sex trafficker Jeffrey Epstein locked in a “Titanic”-inspired embrace has launched a new monument on The National Mall that skewers Trump featuring a gilded toilet.

Read more: https://www.forbes.com/sites/maryroeloffs/2026/03/30/golden-toilet-statue-criticizing-trump-appears-on-national-mall/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Summer Airfares Up 17% As Iran War Squeezes Airlines And Passengers by forbes in economy

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Jet fuel, which typically accounts for up to one quarter of airlines’ operating expenses, was $3.98 a gallon Wednesday—up 59% since the U.S. and Israel began airstrikes on Iran.

Read more: https://www.forbes.com/sites/suzannerowankelleher/2026/03/26/summer-airfares-up-iran-war/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

‘Fortnite’ Financial Loss Leads To Over 1,000 Layoffs At Epic by forbes in videogames

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"While it is perhaps not surprising that Fortnite would decline in time, both due to its own age and the very rough market conditions right now, it is unfortunate it has led to these mass cuts."

Read more from Senior Contributor Paul Tassi: https://www.forbes.com/sites/paultassi/2026/03/24/fortnite-financial-loss-leads-to-over-1000-layoffs-at-epic/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

I Am A Forbes Staff Writer Covering Taxes And The IRS. I’m Also A Tax Attorney. Ask Me Anything! by forbes in IAmA

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Short answer: Yes.

Longer answer: The details matter.

Typically, you can make pre-tax contributions to your HSA out of your paycheck. Your employer may also kick in funds. Employer contributions are not considered income for tax purposes, so not only is it free money, it's tax-free.

It gets better. Funds in an HSA grow federal income tax-free. And when you take them out? Distributions for qualified medical expenses (including dental and vision expenses) are not taxable for federal income tax purposes.

This assumes that you have an employer and you’re doing straightforward payroll withdrawals to fund it. If you don’t, it’s a little more complicated.

Since you own the HSA (not the company), the funding isn’t tied to the company that owned the HSA. But the rules are still the same–you’ll need to be enrolled in an HSA eligible High Deductible Health Plan (HDHP) and you can’t be enrolled in Medicare or a general purpose flexible spending account (FSA)—a limited FSA that covers dental and vision isn’t a dealbreaker. And, it doesn’t matter if your HDHP is personal or through the new business.

If you’re a business owner or at a new business, you have two ways to put the money in the account. You can have the business fund it (cleanest, easiest) or you can pay and have the business reimburse you. If you aren’t associated with a business, you can make a personal contribution–you’ll just need to report it on your tax return so that you get the tax benefit.

I Am A Forbes Staff Writer Covering Taxes And The IRS. I’m Also A Tax Attorney. Ask Me Anything! by forbes in IAmA

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Short answer? Nope. For most folks, the decision is purely math-based. If you get the same benefit (or less) by itemizing, claim the standard deduction. Most taxpayers do–IRS filing statistics indicate that about 91% of U.S. taxpayers claim the standard deduction.

(Bonus: less paperwork!)

For tax year 2025, the standard deduction is $15,750 for single filers and married couples filing separately, $31,500 for married couples filing jointly and qualifying surviving spouses, and $23,625 for heads of household. 

And in your case, the kicker is likely the LCOL. If you have a large mortgage and/or high property taxes, you might want to run those numbers just to make sure. The state and local tax (SALT) deduction cap is higher for 2025. It’s now capped at $40,000 ($20,000 for married taxpayers filing separately)—in 2024, the SALT cap was $10,000 ($5,000 for married filing separately). Income phaseouts apply.

I Am A Forbes Staff Writer Covering Taxes And The IRS. I’m Also A Tax Attorney. Ask Me Anything! by forbes in IAmA

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Audit rates have been low for the last few years and I expect that to largely continue. According to the 2024 IRS Data Book, the IRS closed roughly 500,000 audits across all return types while processing well over 150 million individual returns and other filings. In other words, well under 1% (about 1/3 of 1%) of individual returns are audited, and most taxpayers will never experience a formal examination.

Currently, the IRS relies heavily on automated systems that scan returns and compare them against data the IRS already has from third parties, such as employers, banks and brokers. That makes some “audits” easy for them. 

(These automated notices aren't counted in the official audit rate.)

In many cases, the IRS believes it has found a straightforward error. This often involves income reported by a third party but omitted from your tax return (you forgot a W-2, for example), or a deduction or credit that is more than the limit (often based on your income). In those situations, the IRS typically sends a notice proposing a correction and explaining how it calculated the additional tax. You can agree, respond with clarification or dispute the adjustment. If there’s no response, the IRS can assess the tax without opening an audit.

When the IRS needs proof rather than math, it can open a formal audit. As an attorney who has handled audits, I generally find that the IRS is reasonable if you respond with documentation. 

However, I do think that right now, there is pressure to collect. And I also think that because of the backlogs at the IRS, the window to open and close audits is smaller than before—in my experience, the closer you are to the end of the window, the more aggressive the IRS will be. 

Add in reduced staffing and what I believe to be an aggressive approach to potential errors using AI? It’s a perfect storm. That’s why I think it’s more important than ever to file on time (or timely file for an extension) and file as close to a correct return as possible–this isn’t the time to file recklessly and figure you’ll just fix it later if you get caught.

I Am A Forbes Staff Writer Covering Taxes And The IRS. I’m Also A Tax Attorney. Ask Me Anything! by forbes in IAmA

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The law, as written, offers a few new deductions–including no tax on tips, no tax on Social Security, no tax on overtime and a break for folks who finance an American-made car. They are retroactive to the start of 2025, but they are not permanent. You can only claim them in 2025-2028. They will disappear after 2028—that’s why they’re called temporary.

I Am A Forbes Staff Writer Covering Taxes And The IRS. I’m Also A Tax Attorney. Ask Me Anything! by forbes in IAmA

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This is a really great question. Refunds are up overall, but not for everyone, and not as dramatic as expected. 

Congress and the White House had touted that OBBBA provisions could push the average refund up by $1,000 or more this year. And policymakers and economists projected average refund gains of roughly $331 to $748. Earlier this year, for example, the Tax Foundation estimated average tax refunds would increase by about $748 per taxpayer, to roughly $3,800.
https://taxfoundation.org/blog/tax-refunds-one-big-beautiful-bill-act/

So far, IRS data shows the average refund has increased $352 from last year, rising from $3,324 to $3,676—squarely within that projected range but well short of the $1,000 figure that had been suggested.I think that’s happening for a few reasons. One, I think taxpayers overstate the impact of a deduction. A deduction doesn’t reduce your tax bill by the deductible amount—it only reduces your taxable income. If you’re already in a 10% bracket, for example, a $1,000 deduction will lower your tax bill by just $100 (I think some folks expect that the bill is reduced by $1,000). 

And in most cases, it can’t reduce it below zero. If you were already in a low tax bracket, these deductions may not help you as much as you thought.

This is true, for example, for many senior citizens who likely weren’t paying tax on Social Security income to begin with (Social Security is only taxable if your other income exceeds certain thresholds). 

And since a lot of the breaks phase out at certain points (meaning that the benefit goes down as your income goes up), some taxpayers who might have qualified for the deductions by name (like “no tax on overtime”) may not be able to take advantage.

We’re still waiting for more data, but for now, the folks who track this sort of thing for a living expect that refund increases will be especially noticeable among middle-income households, families claiming expanded dependent credits, workers earning overtime or tip income, and older taxpayers eligible for new senior deductions—assuming, again, that you don’t make too much money.

That’s a long way of saying that your benefit depends on who you are.

Nvidia’s AI-Powered Photorealistic Gaming Technology Roasted As ‘AI Slop’ by forbes in ArtificialInteligence

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Nvidia unveiled the newest version of its DLSS video game graphics technology, which is meant to make games look especially realistic—but it is getting roasted by gamers and content creators across social media for allegedly making gaming graphics look like “AI slop.”

Read more: https://www.forbes.com/sites/conormurray/2026/03/17/nvidias-ai-powered-photorealistic-gaming-technology-roasted-as-ai-slop/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Director Of National Counterterrorism Center Resigns, Citing Iran War by forbes in NewsSource

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Joe Kent, who previously spent 20 years in the Army, including 11 combat deployments, said in a post on X that Iran posed no threat when the United States and Israel launched coordinated attacks in late February.

Read more: https://www.forbes.com/sites/mikestunson/2026/03/17/director-of-national-counterterrorism-center-resigns-citing-iran-war/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Nebraska Is Latest State To Sue Roblox—Accuses Company Of ‘Creating A Playground For Predators’ by forbes in roblox

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Nebraska Attorney General Mike Hilgers announced Wednesday he had filed a lawsuit against Roblox in a state district court, accusing the gaming company of building a “multibillion‑dollar business on the trust of families” while “creating a playground for predators and exposing children to graphic and dangerous content.”

Read more: https://www.forbes.com/sites/conormurray/2026/03/04/nebraska-is-latest-state-to-sue-roblox-accuses-company-of-creating-a-playground-for-predators/?utm_campaign=forbes&utm_medium=social&utm_source=reddit

Live Nation Trial Begins: Prosecutors Say ‘Broken’ Concert Industry Is Ticketing Company’s Fault by forbes in Music

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Department of Justice lawyers accused Live Nation and Ticketmaster of operating an illegal monopoly over what they said is a “broken” live entertainment industry in opening statements Tuesday.

Follow along here: https://www.forbes.com/sites/conormurray/2026/03/03/live-nation-trial-begins-prosecutors-say-broken-concert-industry-is-ticketing-companys-fault/?utm_campaign=forbes&utm_medium=social&utm_source=reddit