Taxes

Credit: Pixabay/CC0 Public Domain Tax Day falls on April 18 in 2023. But if you're one of the 20%-25% of Americans who wait until the last minute to file, don't panic—you still have time. The IRS estimates that the average taxpayer spends 13 hours to complete their return. If you own a business, the estimate increases to 25 hours.…

A dog-tired husky with bright pink ears rests on the marble hotel floor, napping before his next meet-and-greet. Around him, the atrium echoes with the sounds of Louboutins click-clacking and businessmen chattering over overpriced cocktails. The stone resting spot isn’t as comfortable as the luxury pet bed he’s accustomed to, but the pup’s plush Louis Vuitton doggie vest cushions him as he recovers from the packed routine of an elite dog influencer. With over 7.5 million followers on TikTok, Swaggy Wolfdog is a…

The IRS-authorized tax preparation software service eFile.com recently suffered a JavaScript malware attack in the middle of tax season, according to BleepingComputer. The nefarious JavaScript file has been identified as popper.js and has been observed by eFile.com users as well as by security researchers. The malware is believed to have surfaced on the service around mid-March and has interacted with “almost every page of eFile.com, at least up until April 1st,” the publication added. Encountering this…

Published By: Paras YadavLast Updated: April 01, 2023, 11:06 ISTPakistan International Airlines (Photo: IANS)Khaqan Murtaza, Director General said around 35 percent tax was deducted from the salaries of pilots and there is a tax is imposed on flying hours tooKhaqan Murtaza, Director General (DG) of Pakistan’s Civil Aviation Authority (CAA), told a Senate panel that all pilots of the Pakistan International Airlines (PIA) wanted to leave the flag carrier.Explaining the reason for this to the Senate Standing Committee on…

If you still haven’t filed your taxes (tax day is April 18th!), MSCHF’s free dating simulator that’s launching soon might be able to help. The art collective’s latest stunt is Tax Heaven 3000, a “visual novel dating game that actually prepares your 2022 US federal tax return,” according to the game’s Steam page.The game’s description, which seems to be written from the point of view of the game’s anime waifu, Iris, is largely a rant against the infuriatingly complex tax filing process in the US, and Tax Heaven 3000 seems…

MSCHF, an art collective that previously launched “Satan Shoes” Nike trainers that reportedly contained Lil Nas X’s blood, has announced Tax Heaven 3000 — a visual novel dating game that will do U.S. players’ taxes for them. Set to launch on March 31, Tax Heaven 3000 (TH3K) tasks players with dating Iris, a “cheerful and easygoing girl who is oddly interested in your personal finances”. Beyond managing a relationship with Iris, TH3K players in the United States will also find that the visual novel prepares their 2022…

A lot of Americans prepare their taxes online or via software using services like TurboTax, TaxAct, H&R Block and others. Some of these services use software you buy on a CD or DVD, others are online and some offer both options. And the IRS has a free-file program that lets tax payers with an adjusted gross income (AGI) of $73,000 or less file for free. For those not eligible for free-file, each company has its own rules and pricing, but TurboTax, the most popular service, gives you a choice between doing your taxes…

WASHINGTON—President Biden will outline a plan to reduce federal budget deficits by nearly $3 trillion over the next decade and raise taxes on wealthy people and large corporations, kicking off monthslong spending negotiations with Republicans in Congress.Mr. Biden’s fiscal year 2024 budget plan, which will be released Thursday, will lay out his recommended funding levels for federal agencies and departments. He is expected to ask for more in defense spending than he requested last year and…

As online sports betting rolls out in more states, people are encountering legalized gambling in new ways. But whether you’re wagering on March Madness from your couch or flying to Las Vegas for a weekend at the tables, you’ll have to pay taxes on your winnings. The IRS has clear-cut rules on gambling income that predate the recent explosion of the sports betting industry. In short, the proceeds from a successful wager are taxable income, just like your paycheck or investment gains. While you can write off some gambling…

WASHINGTON—President Biden this week will release his annual budget blueprint, a document that is unlikely to gain momentum in Congress but will shed light on his priorities ahead of an expected re-election campaign and set the stage for contentious negotiations with Republicans over government spending.Mr. Biden, in his February State of the Union address, said his fiscal year 2024 budget will map out a plan to lower the deficit by $2 trillion over 10 years and extend the solvency of the Medicare Trust Fund by at least…