Recent News Headlines : Turbotax

BANKS OFFER CASH-STRAPPED CLIENTS A WAY TO GAME TRUMP'S TAX PLAN


The Internal Revenue Service said Wednesday that property taxes can be deducted in filings for this year if they were assessed and paid in 2017... READ MORE

29th December, 2017 453

HAVE YOU EVER FELT SORRY FOR THE IRS NOW MIGHT BE THE TIME


Even before Congress began revising the tax code, the IRS was struggling to keep up with an expanding workload... READ MORE

19th December, 2017 274

PRIVATE INVESTIGATOR TRIED USING TRUMP'S SOCIAL SECURITY NUMBER TO GET TAX RETURN


A Louisiana man pleaded guilty Monday in federal court for attempting to get President Donald Trump's tax returns by using his Social Security number... READ MORE

12th December, 2017 44

HOW TRUMP USES 'ACTING' DIRECTORS TO GIVE HIMSELF MORE POWER, LESS SCRUTINY


When the previous OCC director finished out his term, Trump appointed Keith Noreika as acting director... READ MORE

30th November, 2017 109

COINBASE LOSES BID TO BLOCK U.S. TAX PROBE OF BITCOIN GAINS


U.S. Magistrate Judge Jacqueline Scott Corley in San Francisco ruled that the tax agency's demand for information isn't overly intrusive... READ MORE

30th November, 2017 1566

TRUMP NAMES NEW IRS CHIEF AS KOSKINEN'S CONTROVERSIAL REIGN ENDS


Kautter worked for Ernst Young for three decades, including some time as chief operating executive for the firm's national tax practices... READ MORE

26th October, 2017 1867

JUSTICE DEPARTMENT AGREES TO SETTLE LAWSUITS OVER IRS SCRUTINY OF TEA PARTY GROUPS


The Treasury Inspector General for Tax Administration revealed this year that liberal-leaning groups had received extra scrutiny, too... READ MORE

26th October, 2017 1443

WILBUR ROSS CALLS ESTATE TAX A 'FINE' FOR THOSE TRYING TO REST IN PEACE


You shouldn't be fined for doing so. The tax framework released by the White House and Republican leaders last month calls for repealing the estate tax... READ MORE

24th October, 2017 684

TRUMP TELLS SENATORS THEY MIGHT SEE HIS TAXES ONE DAY


Trump has said he's under an Internal Revenue Service audit and that he won't release his returns while it's pending... READ MORE

18th October, 2017 699

Trending News Headlines : Turbotax

INDIA ARRESTS DOZENS OVER US CALL CENTRE SCANDAL


Police in India say they have arrested 70 call-centre workers on suspicion of tricking American citizens into sending them money by posing as US tax officials... READ MORE

6th October, 2016 11737

HUGE PHONE SCAM TARGETING AMERICANS LEADS TO 700 BEING DETAINED IN INDIA


Police say Mumbai call centre workers posed as Internal Revenue Service tax collectors to rake in tens of millions of dollars... READ MORE

7th October, 2016 6234

HOW TRUMP COULD AVOID TAXES FOR 18 YEARS


WASHINGTON -- Donald Trump may have President Reagan and Congress to thank for shielding real estate from the crackdown on tax shelters 30 years ago... READ MORE

3rd October, 2016 4480

AMERICANS RENOUNCING CITIZENSHIP AT RECORD HIGH


It basically said foreign institutions holding assets for U.S. citizens had to report the accounts or withhold a 30 percent tax on them if the information wasn't provided... READ MORE

10th February, 2017 2538

OPINION | THE MOST POWERFUL CHECK ON PRESIDENT TRUMP


There are some things Mr. Trump won't be able to do because, well, he just can't... READ MORE

10th March, 2017 2132

DONALD TRUMP: I'LL RELEASE TAX RETURNS AFTER AUDIT


Still, Trump has also refused to release his tax returns from previous years, which are no longer under IRS audit... READ MORE

12th May, 2016 1840

BUFFETT CHALLENGES TRUMP TO EXCHANGE TAX RETURNS, ANSWER QUESTIONS


Trump has said he would not release his returns until the Internal Revenue Service has completed an audit... READ MORE

2nd August, 2016 1824

TRUMP USED DUBIOUS LOOPHOLE TO AVOID CASINO-RELATED TAXES


Cancelled debt generally is treated as taxable income, meaning Trump would have owed the Internal Revenue Service significant money on debt that his creditors forgave... READ MORE

1st November, 2016 1325

COME CLEAN NOW, BEFORE WE READ PANAMA PAPERS


People hiding assets offshore should recognize the continued changes and progress in the international tax arena, the IRS said... READ MORE

10th May, 2016 1251

CALLERS FOR DOLLARS: INSIDE INDIA'S SCAM CALL CENTERS


Investigators have arrested 20 people in the United States, and Indian authorities have made 75 arrests following October raids on three premises in the Thane suburb of Mumbai... READ MORE

2nd December, 2016 1157

DONALD TRUMP'S 2005 TAX RETURNS PARTIALLY REVEALED AFTER LEAK


The White House said Tuesday that President Donald Trump made more than 150 million US in income in 2005 and paid 38 million in income taxes that year... READ MORE

15th March, 2017 1123

WHY ARE AMERICANS NOT INCLUDED IN THE PANAMA PAPERS?


The dearth of Americans on the Panama Papers doesn't minimize the broader problem, Gardner said... READ MORE

10th May, 2016 1078

TRUMP'S FALSE CLAIM THAT 'THERE'S NOTHING TO LEARN' FROM HIS TAX RETURNS


Then, in 2012, Trump criticized Republican presidential nominee Mitt Romney for being slow to release his tax returns... READ MORE

12th May, 2016 873

IRS: TRUMP CAN RELEASE TAX RETURNS, REGARDLESS OF AUDIT


Donald Trump says he isn't releasing his tax returns yet because they are being audited, though the Internal Revenue Service says that's no barrier to disclosure... READ MORE

27th February, 2016 865

CANADIAN SNOWBIRDS COULD FACE U.S. TAXMAN IF THEY STICK AROUND TOO LONG


You could be subject to a withholding tax if you sell your U.S. property... READ MORE

11th April, 2016 851

DONALD TRUMP TRIED TO CALL OUT WARREN BUFFETT. HE PROBABLY DIDN'T EXPECT THIS RESPONSE


He mentioned several, including Warren Buffett, by name... READ MORE

12th October, 2016 815

TRUMP PREPARES TO PICK HIS OWN AUDITOR AT THE IRS


IRS Commissioner John Koskinen's term expires on Nov. 12 and he is unlikely to be reappointed... READ MORE

28th September, 2017 704

THIS YEAR'S IRS AUDITS ARE BAD NEWS FOR THE RICH


The number of audits conducted by the Internal Revenue Service has dropped as it continues to reel from years of budget cuts... READ MORE

28th February, 2017 507

DONALD TRUMP'S 2005 TAX RETURNS REVEALED ON LIVE TV


Trump refused to release tax returns due to IRS audit Prior to the show, the White House said publishing Mr Trump's returns would be illegal... READ MORE

18th March, 2017 454

TRUMP HAS REFUSED TO RELEASE HIS TAX RETURNS, SAYING HIS TAXES WERE UNDER AUDIT BY THE INTERNAL REVENUE SERVICE.


The White House pushed back pre-emptively Tuesday night, saying that publishing those returns would be illegal... READ MORE

15th March, 2017 368

WHO WON THE BATTLE FOR CHEAPEST TAX PREP IN 2017


Here's a review of how the top online players--TurboTax, H R Block, and TaxAct, now joined by Credit Karma--are positioning themselves in the 2017 tax season... READ MORE

3rd February, 2017 363

NO CRIMINAL CHARGES WILL BE FILED AGAINST EX-IRS OFFICIAL LOIS LERNER


No criminal charges will be filed against ex-IRS official Lois Lerner... READ MORE

23rd October, 2015 353

DONALD TRUMP TAX PLANS COULD HELP CREATE MORE DONALD TRUMPS


President-elect Donald Trump's tax plan could prove a windfall for families much like his own the uber-rich looking to keep their money in the family... READ MORE

14th November, 2016 330

DONALD TRUMP SIGNS EXECUTIVE ORDER EASING A BAN ON POLITICAL ACTIVITY BY CHURCHES IN THE UNITED STATES


Donald Trump on Thursday signed an executive order on religious liberties designed to ease a ban on political activity by churches and other tax-exempt institutions... READ MORE

4th May, 2017 281

TO BEAT CROOKS TO YOUR TAX REFUND, START TAXES NOW


It's not too early to start certain preparations for tax returns that won't be due until mid-April. Why bother? To thwart potential tax-refund thieves, of course... READ MORE

29th November, 2015 246

HOW NOT TO HATE DOING YOUR TAXES


About 70 percent of Americans get a refund after filing their income taxes the average is around 3,000... READ MORE

21st January, 2017 245

TRUMP TAX BOMBSHELL LANDS WITH A THUD


The story is Trump makes a lot of money yearly and he pays a lot of money in taxes... READ MORE

16th March, 2017 235

HOW REPUBLICANS PROTECT ANONYMOUS DONORS AND THEIR 'DARK MONEY' GROUPS


Lawmakers in the current Congress have slipped language into two spending bills to protect so-called dark money nonprofits from IRS scrutiny... READ MORE

7th July, 2017 232

THE FUTURE OF TAXES IS MOBILE AND PAINLESS, TURBOTAX SAYS


Why should I use TurboTax instead of Credit Karma or discount preparer TaxAct?... READ MORE

15th April, 2017 191

EXCLUSIVE: PFIZER LEANING TOWARD ABANDONING DEAL WITH ALLERGAN - SOURCE


The source said the new rules came as a surprise as Pfizer was confident of delivering on its 160 billion proposed merger with Allergan... READ MORE

5th April, 2016 185


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