In the News

Taxes in the headlines, from pop culture to current events.

credit
Dec 16th, 2014

Up to 1 in 6 Taxpayers May Miss Out This Year With Expiring Tax Benefits

Update: Good news! Congress has passed a one-year retroactive extension to these tax provisions that expired at the end of 2013. Now it just needs the President’s signature. This marks the sixth time since 2005 that Congress has extended these or similar tax breaks. Original post: There were a bunch of tax breaks that expired last […]

Oct 28th, 2014

Did You Know: The Economic Ups and Downs of Hosting a World Series

We’ve looked at a lot of issues around sports and taxes. We know that many stadiums are funded by tax dollars, that athletes can be taxed by the cities where they play road games and that big contracts also mean big tax bills. Now, we are seeing the intersection of sports, money and taxes firsthand […]

baseball
Oct 25th, 2014

What a World Series Win Could Mean For A Player’s Tax Bill

Ed note: Wee are still a little World Series crazy around here, as our Kansas City Royals head into another game against the San Francisco Giants. So forgive us for getting a little ahead of things and imagining what would happen to some of our favorite players at tax time if they pull out a […]

baseball
Oct 24th, 2014

World Series: Get that Ball! Or Not.

One souvenir Major League baseball: $16.99 (OK, maybe more like $18.49 with tax in Kansas City.) Snagging a game ball from a foul hit or a toss into the stands: an incredible memory Managing to get a significant ball – say, a walk off home run to win the World Series: a potential windfall Baseball […]

baseball
Oct 22nd, 2014

World Series: Looking at Each Team By The Numbers (not those numbers)

Baseball is all about the numbers. Batting averages, earned runs, runs batted in, and on and on and on. While every sports fanatic banters about the Giants’ home runs and the Royals’ stolen bases, we have honed in on some different numbers. Like the number of dollars you have to shell out to watch these […]

baseball
Oct 21st, 2014

World Series: Would You Spend It?

It’s the hottest ticket in H&R Block’s hometown right now: the World Series. For those of us in Kansas City, it’s been 29 years since the Royals have given us the opportunity to see a World Series game in our fair town. So the excitement is high and so are the ticket prices. On Tuesday afternoon, […]