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The Best 2014 Super Bowl Ads

The Best 2014 Super Bowl Ads

CES 2015: LG will unveil its New 4K Ultra HD TV with Quantum Dot Technology

CES 2015: LG will unveil its New 4K Ultra HD TV with Quantum Dot Technology

Budweiser Super Bowl 2015 Ad leaks

Budweiser Super Bowl 2015 Ad leaks

Google Car Initiative to go ahead via Android

Google Car Initiative to go ahead via Android

Sony cancels The Interview Release on Christmas

Sony cancels The Interview Release on Christmas

Tax

Apple’s Tax Breaks Under Investigation By EU

Apple’s Tax Breaks Under Investigation By EU The European Union’s antitrust officials are opening an investigation

Jun 12 2014, 12:33am CDT

Google Slapped With Huge Tax Bill

Google Slapped With Huge Tax Bill For years, multinational companies like Google, Apple and Microsoft have been thwarting attempts by government authorities abroad to plow through complicated tax structures and pin down profits for purposes of...

Apr 28 2014, 9:17am CDT

IRS is Taxing Tax Day Freebies?

IRS is Taxing Tax Day Freebies? The list of Tax Day Freebies and discounts grows every year. Tax Day can be painful, so collecting fun perks that also help businesses seems like a win-win. But could they themselves be taxed? It’s not a silly...

Apr 15 2014, 4:35am CDT

Roth IRA Conversion is a Delicate Matter

Roth IRA Conversion is a Delicate Matter When many people consider their Roth IRA conversion what they don’t know is that the decision is a delicate matter indeed. In other words, it requires careful planning.

Mar 27 2014, 6:04am CDT

IRS Says Bitcoin is Property Not Currency

IRS Says Bitcoin is Property Not Currency The IRS passed some legislation according to which Bitcoin is a property, not a legal currency in tax system. And Bitcoin is to be taxed. This decision is of great importance indeed.

Mar 26 2014, 3:42am CDT

Finding Lost Bitcoin Could Mean IRS Finds You

Finding Lost Bitcoin Might Mean IRS Finds You The bankrupt Japanese Bitcoin exchange MtGox discovered over 200,000 lost Bitcoins valued at over $116 million. The coins apparently showed up in an old Bitcoin wallet format. MtGox’s CEO said he thought it no...

Mar 23 2014, 2:00pm CDT

E-File Tax Return: TurboTax Resolves Tax Return Issues

E-File Tax Return: TurboTax Resolves Tax Return Issues IRS is already offering free e-file program that makes tax filing quite an easy proposition. But TurboTax 2014 is also there to resolve tax return issues.

Mar 22 2014, 7:11am CDT

Man Chokes H&R Block Tax Preparer As Block Settles Disability Case

Man Chokes H&R Block Tax Preparer As Block Settles Disability Case Who isn’t unhappy with their taxes? Paying them is never fun. Even dealing with the paperwork can be downright stressful. But please, don’t beat up your tax preparer! It’s one thing to wring your hands over your...

Mar 8 2014, 9:56pm CST

CES 2015 News

Buried $10 Million In Gold Wasn't Stolen After All---Until Taxes, That Is The story of an older couple walking their dog who discovered a buried cache of $10M in gold coins made you feel good. But shortly after the story broke, some claimed the coins were stolen. Turns out there was a theft...

Mar 7 2014, 1:11am CST

TurboTax 2014 Released for Your Tax Return Troubles

TurboTax 2014 Released for Your Tax Return Troubles The software known as TurboTax 2014 is the only way to go. This is because it happens to be the ideal solution for your tax return troubles.

Feb 28 2014, 3:34am CST

U.S. Tax Rates? Not Competitive, But California's Are Worse

U.S. Tax Rates? Not Competitive, But California's Are Worse Is the U.S. tax system competitive? Many global companies say it isn’t. Companies like Apple say they have to jump through hoops to stay competitive. In September 2012, the Senate Permanent Investigations...

Feb 13 2014, 1:31am CST

Tax E-File Now Available Free

Tax E-File Now Available Free The e-filing of tax returns has been started. IRS has started free e-file program that makes tax filing quite an easy proposition.

Feb 8 2014, 2:12am CST

The IRS and the Statute Limitations on their Ability to Prosecute Tax Fraud

The IRS and the Statute Limitations on their Ability to Prosecute Tax Fraud If you’re starting to think about tax filing season, you’re not alone. As always occurs in the run-up to April 15th, the government wants to remind you to fly right. You must sign tax returns under penalties of perjury...

Feb 5 2014, 11:30pm CST

Tax Filing Procedure Complicated by Various Issues

Tax Filing Procedure Complicated It is tax return filing season and, although things will hopefully work out just fine in the end, various issues have cropped up along the way. Besides the governmental shutdown some time back another glitch which makes the procedure even more complicated is imitation sites that charge for free form filing.

Jan 24 2014, 6:30am CST

Tax Forms Face a Dearth During E-Filing

Tax Forms Face a Dearth During E-Filing The tax forms that are being distributed to ordinary citizens are facing a dearth in quantity. And this paucity of paper rigmarole comes during a time when the federal government and the state department are E-filing.

Jan 20 2014, 3:59am CST

Wag The Dog Stock Investing

Wag The Dog Stock Investing The dog and tail people are at it again. DATs, I call them. These are the financial advisors who say, “Don’t let the tax tail wag the dog. Taxes should not be your primary reason for buying or selling something.” There...

Jan 10 2014, 3:31pm CST

When The Time For The Big Cashout Comes, You'll Wish You'd Planned For It Earlier

When The Time For The Big Cashout Comes, You'll Wish You'd Planned For It Earlier Congratulations. Your hard work and entrepreneurial instincts have paid off in the form of a fast-growing, profitable business that’s worth millions of dollars, or could be some day. And you’re only 40. Or 30. Or, like...

Jan 9 2014, 9:16am CST

I4U news

Taxing Bitcoin: IRS Review Will Have Big Implications For Investors In Virtual Currency By now most everyone has heard of Bitcoin. But exactly what is it? And how should it be taxed? Bitcoin is usually described as virtual currency. That’s useful shorthand, but is it really money? And should it be taxed as...

Jan 7 2014, 2:56pm CST

Jodie Sweetin Paid off Tax to IRS

Jodie Sweetin Paid off Tax to IRS Jodie Sweetin has finally paid off an income tax amounting to $53,000 to the IRS.

Jan 7 2014, 8:13am CST

Welcome To The New Startup Nation

Welcome To The New Startup Nation The following guest post is by Juan Cartagena, founder and CEO of Traity, which measures people´s personal strengths.  Context: I am from Spain, a country with 25% unemployment and 47% youth unemployment. When I read...

Jan 2 2014, 8:51am CST

Amazon Sales Tax Now Applicable in Three New States

Amazon Sales Tax Now Applicable in Nevada, Tennessee and Indiana Amazon has implemented its sales tax on shoppers in three new states. The sales tax is now applicable in Nevada, Tennessee and Indiana. This is a novel change that the New Year has brought in its wake.

Jan 2 2014, 2:16am CST

Top French Court Upholds 75% Tax While Footballers Eye Exit

Top French Court Upholds 75% Tax While Footballers Eye Exit You have to hand it to the French for making tax news interesting. Their on-again off-again 75% tax on the wealthy fueled a worldwide debate over whether high earners are unpatriotic to call it quits and head for...

Dec 30 2013, 1:41pm CST

I4U news

The French Try Another Tax On Facebook, Google And YouTube Yes, it’s true, France is trying to impose another tax upon Facebook, Google and YouTube. Strangely though it’s not going to be a tax to try and fill the yawning budget deficit the country has, nor to reduce the debt...

Dec 27 2013, 10:16am CST

I4U news

Italian Senate Passes Google Tax And It's Still Illegal And Worse, Doesn't Do Very Much The Italian Senate has now passed the “Google Tax” and Italian lawmakers really do seem to be entirely blind to the fact that this law is illegal under European Union rules that cover trade and the establishment of...

Dec 24 2013, 8:46am CST

Timing Is Everything: 11 Key Triggers To Keep In Mind For The 2013 Tax Year

Timing Is Everything: 11 Key Triggers To Keep In Mind For The 2013 Tax Year At year end, there is often a flurry of advice about making income and deductions count for the year. The general consensus tends to be that nearly everything needs to be wrapped up by December 31. While December 31 is...

Dec 23 2013, 5:11pm CST

I4U news

TheTaxVox 2013 Lump Of Coal Award: Wait 'Til Next Year Edition Tax Vox proudly announces its seventh annual Lump of Coal Award for the worst tax and fiscal policies of 2013. The year was a curious mix of really bad ideas and dithering. After all, Congress’s finest moment may have...

Dec 23 2013, 8:46am CST

Duck Dynasty's Cracker Barrel PR? Talk Taxes

Duck Dynasty's Cracker Barrel PR? Talk Taxes Set in real Louisiana bayou country, A&E’s popular reality series Duck Dynasty follows a brood of real-life brothers who manufacture duck calls and love to go bird hunting. But Phil Robertson of the cast gave an...

Dec 22 2013, 11:31am CST

7 Simple Year-End Tax Tips That Can Save You Money

7 Simple Year-End Tax Tips That Can Save You Money 1. Do a “test run” of business and personal tax returns – If possible, estimate your taxes by preparing 2014 tax returns using the information that you now have available. Some numbers will need to be estimated, but...

Dec 22 2013, 8:51am CST

If Facebook's Zuckerberg Was A Sports Fan What Would He Do With His Billions in Charity?

If Facebook's Zuckerberg Was A Sports Fan What Would He Do With His Billions in Charity? I am not the one to tell someone how to spend their money. But if it is acceptable to dream about winning the lotto, it’s still OK to image a movie on how a nerdy Harvard dropout became the richest youngster in the...

Dec 21 2013, 2:56pm CST

Jack Dorsey's 10% $100M+ Square Stock Give-Back Isn't About Taxes

Jack Dorsey's 10% $100M+ Square Stock Give-Back Isn't About Taxes As Fortune reported—Square’s Dorsey returns 10% of his shares—Jack Dorsey, founder/CEO of Square, is giving back 10% of his shares to the company. Voluntarily, not to charity or family, but back to Square. It’s rare and...

Dec 20 2013, 8:21pm CST

I4U news

Italy's Google Tax: Yes, The European Union Thinks It Is Illegal Well, you heard it first here folks. The proposed Google Tax in Italy appears to be illegal under European Union law: The European Commission warned on Thursday that Italy’s proposed legislation to raise revenue from...

Dec 20 2013, 10:26am CST

I4U news

On The Taxation Of The Web Giants, Google, Facebook, Apple, Amazon There’s been something of a spat in the UK over the taxation of the web giants, your Google, Amazon, Facebook and Apple. They all sell into the UK from outside it and park the profits from having done so outside the UK...

Dec 20 2013, 9:46am CST

Andrew Schiff Does Not Recommend That You Imitate His Father Irwin

Andrew Schiff Does Not Recommend That You Imitate His Father Irwin Irwin Schiff has taught that the federal income tax does not apply to most ordinary Americans.  You can read how he arrives at that conclusion in The Federal Mafia – How It Illegally Imposes And Unlawfully Collects...

Dec 20 2013, 8:34am CST

Mark Zuckerberg Plans to Sell 70 Million Facebook Shares of Worth $3.9 Billion

Mark Zuckerberg Plans to Sell 70 Million Facebook Shares of Worth $3.9 Billion Facebook shares fell as much as 2.7% after the company announced to sell 70 million shares of its Class A common stock as part of a whopping $3.9 billion offering. This public offering include 27M shares by Facebook, 41.35M shares by CEO Mark Zuckerberg and 1.6 million from board member Marc Andreessen.

Dec 19 2013, 1:39pm CST

Tax-free Weekend 2013 is a Mini Black Friday in Select States

Tax-free Weekend 2013 is a Mini Black Friday in Select States 2013 Tax-free Weekend ins on August 2 to August 4 in select states. This Tax-free shopping weekend lets consumers save on Back to School items and other select product groups. The Tax-free weekend is though just a thing in some states.

Jul 18 2013, 3:14am CDT

Apple Did Not Pay UK Corporation Tax Last Year

Apple Did Not Pay UK Corporation Tax in 2012 Apple has reportedly not paid corporate taxes in the UK during last fiscal year ended on September 2012. Apple earned an operating profit of £68 million and paid nothing in terms of corporation tax to the government of UK.

Jul 1 2013, 3:04pm CDT

Google Accused of Tax Fraud by UK Lawmakers

Google Accused of Tax Fraud by UK Lawmakers Google may be a super giant on the global scene but that doesn’t mean it goes scot-free when it comes to paying taxes. UK lawmakers have indicted Google over its tax evasion policies in the European island nation. They claim that its “smoke and mirrors” policy will not do anymore.

May 17 2013, 5:47am CDT

Apple CEO Tim Cook to suggest Corporate Tax Overhaul

Apple CEO Tim Cook to suggest Corporate Tax Overhaul The CEO of Apple, Tim Cook has taken the side of lawmakers who want a new tax bill. He plans to introduce a corporate tax overhaul that will change the existing tax laws. The purpose of the whole exercise is job creation at home.

May 17 2013, 4:30am CDT