Taxes

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on all of its tax preparation packages. That means you can save whether you use the software to do your own taxes, or you choose the live assistance option, or the full service option, where a tax expert will take care of your return for you.TurboTax allows you to start filing your taxes for free, and pay when you actually file. It offers a step-by-step series of questions to help you work your way through the process. You can save now on these three service options: TurboTax (do your own taxes): This option gives you…

The holidays are over, a new year is here, and along with all the various upheavals that we are facing, most of us have to deal with our annual income taxes. (The usual quote about death and taxes goes here.)While we were able to wait until April 18th in 2023, this year tax day is back to the traditional April 15th, which is a Monday. That is, unless you live in Maine or Massachusetts — then you have until Wednesday, April 17th, because of the Patriots’ Day and Emancipation Day holidays.Despite the stress that many of us…

“It’s a pretty unlikely pairing: taxes and reality TV.”Jill Cress is putting it mildly. And yet the chief marketing and experience officer at H&R Block is describing exactly what one of the oldest brands in tax preparation services is attempting: making a reality TV show.Or, at least, a digital, short-format spoof of one—called Responsibility Island—which will debut on Roku and YouTube in the heart of tax season, on February 16, and whose (surprisingly very funny) trailer is debuting this week at the Sundance Film…

By Elizabeth Wagmeister, Chris Stern and Jorge Engels | CNN Arnold Schwarzenegger will face criminal tax proceedings after failing to declare an item upon arrival to Germany, a Munich Customs press officer told CNN Wednesday. “He did not declare a product. A product that was imported from non-EU countries in order to remain in the EU. And this process applies to everyone,” the press officer Thomas Meister said. Meister said the former California governor and movie star was released and traveled on after being held for…

While you could always go out and try to file your taxes on your own, let’s face the facts and admit that you’ll feel more secure when you use tax software designed for individuals. There’s a much lower chance that you’ll forget something important when a program guides you through the process, and you might even score a bigger tax refund than you were expecting when a program searches for things likely to help you. But nowadays there are so many tax software creators out there, vying for your attention. And almost…

Douglas County this week sued a state board in charge of evaluating property assessments, claiming officials overstepped their authority and wrongfully stopped the county from providing substantial tax relief to thousands of homeowners. Last month’s board decision and the appeal to a judge to step in come amid a fierce statewide debate over how to blunt the impact of ballooning property tax bills across Colorado this year. The affluent suburban county filed its lawsuit against the state Board of Equalization late Tuesday…

America’s wealthiest families held an astounding $8.5 trillion in untaxed profits in 2022. According to a report from the nonprofit Americans for Tax Fairness, which analyzed Federal Reserve data, “one in every six dollars (18 percent of the nation’s unrealized gains is held by these roughly 64,000 ultra-wealthy households, who make up less than 0.05 percent of the population.” The report comes as the Supreme Court gears up to decide a case that could preemptively block any efforts to tax the wealth of billionaires.…

Kentucky State Capitol. Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. Kentucky has joined the trend of overtaxing EVs and letting gas cars get off without paying their fair share for the damage they cause to roads and your lungs, but it has gone beyond most other states and is now implementing two new taxes on…

The world’s first legal sale of recreational marijuana happened in Denver on Jan. 1, 2014. In fact, it happened twice. Mason Tvert was managing the onslaught of media that descended on the Mile High City to witness the historic moment, set in motion by the successful legalization campaign he’d led. So many camera crews and reporters showed up that morning that Tvert decided to rotate two groups through the dispensary’s sales floor — with each transaction billed as the first time anyone 21 or older could legally buy weed…