Lazarenko Svetlana/Shutterstock H&R Block offers a free online tax filing service for eligible taxpayers. Tax season officially begins January 29, with a final deadline of April 17 this year. The IRS recommends e-filing your taxes and requesting your refund via direct deposit. Business Insider decided to try the free version of H&R Block’s service. The […]
Tag: Taxes
Cryptocurrency and taxes – it’s complicated
GUEST: The IRS has its eye on cryptocurrency investments. If you traded or sold any kind of cryptocurrency last year, here’s what you need to know before tax day. In 2014, the IRS issued one notice — IRS Notice 2014-21, 2014-16 IRB 938 — about cryptocurrency (let’s call it “the 2014 Notice”). This is considered […]
5 things to know about filing your taxes late, because procrastination happens
Shutterstock/Tiko Aramyan If you don’t think you’ll make the April 17 tax deadline, don’t panic. You can file an extension before that date and get an extra six months to do your taxes. Whatever you do, don’t make the common mistake of thinking that getting an extension means you don’t have to pay on time. You can […]
ISIS made millions from taxes that it then used to run garbage collections and even a DMV
Militant website / AP Documents found by The New York Times reveal extensive civil systems implemented by the Islamic State. At the peak of their power, the militant group used taxes to fund garbage collectors and a motor vehicle authority. The group collected hundreds of millions of dollars from its taxes from agricultural goods, which […]
Chronic diseases can be curbed with ‘sin taxes’, study finds
SO-CALLED “sin taxes” on soft drinks, alcohol and tobacco, could be a powerful tool for combating rising rates of chronic disease worldwide, researchers claim.
How to do your taxes like the wealthy
Thomas Lohnes/Getty Images To do your taxes like the rich, you must first identify your taxable income and then determine which tax bracket you fall into. One way to protect your money is by making a conversion from a traditional IRA to a Roth IRA, as you will enjoy tax-free benefits later on in life. […]
Carbon Taxes Are Coming, and We Have Colleges to Thank
It turns out universities provide a fantastic model for how politicians should start thinking about this on a state or even national level. https://media.wired.com/photos/5aa329264738fe045ed84ed2/master/pass/yale-477310264.jpg
EU details its taxes on tech companies’ revenue
The European Union has vowed to counter tech companies’ tax maneuvers by targeting their revenue, and it’s now clearer just what that will involve. In an interview with Le Journal du Dimanche, French Finance Minister Bruno Le Maire said the EU would unveil plans to tax tech firms’ revenue at a rate between “2 percent […]
How to Avoid British Taxes and Fees on Award Trips
How to Avoid British Taxes and Fees on Award Trips Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does […]
Bill Gates urges super wealthy to pay ‘significantly higher' taxes
One of the world’s richest men, Bill Gates, says he should pay more in taxes and urged the US authorities to require other billionaires to contribute “significantly higher” amounts. “I need to pay higher taxes. I’ve paid more taxes – over $ 10 billion – than anyone else, but the government should require the people […]