The pool of tax preparation services just got a little smaller: a federal court judge has ordered Instant Tax Service (“ITS”), the fourth-largest tax preparation business in the United States, to stop all operations permanently for “extensive and egregious, indeed appalling” harm to taxpayers.
Read More9 Ways To Say Thank You On Veterans Day (And Maybe Even Get A Tax Break)
Happy Veterans Day! As we salute the men and women who keep us safe, here are a few tips for how you can say thank you (and maybe even get a tax break)…
Read MoreFormer NFL Star Cites Concussions, Receives Prison Sentence For Role In Tax Fraud
Former Philadelphia Eagles wide receiver Freddie Mitchell has been sentenced to 37 months in prison for his role in a tax fraud scheme.
Read MoreGAO Evaluates Tax Deferrals & Graduated Tax Rates, Concludes: It’s Complicated
How did Twitter prepare for its big IPO? By setting up shop in Ireland, of course. More and more companies are opting to put operations abroad in an effort to defer – and in some cases, avoid altogether – paying tax. Congress tasked the GAO with examining how much this deferral is actually costing taxpayers. The answer was delivered to Congress in a 55 page report.
Read MoreBlackBerry Pins Recovery Hopes On Rumored $1 Billion In Tax Refunds
BlackBerry nearly escaped a buyout earlier this fall. Now, an infusion of cash is giving the company new hope… and a big tax refund check from the government might boost the company’s coffers even higher.
Read MoreBayern Munich Keeps Winning Even As Their Chief Faces Trial For Tax Evasion
Bayern Munich just keeps winning as it marches towards the UEFA round of 16… But Bayern Chief Uli Hoeness isn’t having the same kind of luck. This week, Hoeness found out that he will face a trial on charges of tax evasion with respect to millions of Euros he kept hidden from German taxing authorities.
Read More11 Uses For Leftover Halloween Candy (And The Resulting Tax Consequences)
If your house is like mine, you likely have a lot of leftover Halloween candy right about now. How can you get rid of it? And are there any tax consequences to disposing of candy (assuming you just don’t eat it)?
Read MoreSaying ‘I Do’ To Tax Planning
The Tax Savvy Wedding Planner: why you might want to postpone, or move forward, your wedding date (or not say “I do” at all).
Read MoreMaking Your Gifts Count: 10 Smart Tips For Charitable Giving
Get a receipt and 9 other tips for donors who don’t want to tangle with the IRS.
Read MoreIRS Announces 2014 Tax Brackets, Standard Deduction Amounts And More
The IRS has announced the official numbers for the tax year 2014. Those include adjustments for standard deductions, tax brackets, the kiddie tax and more.
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