In the News

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

Aug 24th, 2015

How H&R Block is Helping to Ensure Tax Returns are Accurate

At H&R Block, we work to get you, our client, everything you deserve. The problem is some people get more than they deserve. How is that possible? Because the steps to claim the Earned Income Tax Credit, or EITC for short, vary depending on how someone files. Someone who files in person with a tax professional […]

Article
Aug 17th, 2015

Understanding The IRS’s “Get Transcript” Data Breach

Update: The IRS has now said that about 220,000 additional tax accounts were potentially compromised in the May breach. “Your personal information has been illegally accessed.” It’s something that no one wants to hear – especially when it pertains to your tax information. Unfortunately, it does happen—even to the IRS. That’s right. In May, the […]

Article
Jun 26th, 2015

Top 7 Things Same-Sex Couples Need to Know About Marriage and Taxes

Today, the Supreme Court decided same-sex couples have the fundamental right to marry. That means regardless of what individual states may have decided in the past (we decoded the confusing discrepancies here), all same-sex couples can now get married and have those unions legally recognized. Additionally, those already married and living in states that currently […]

advance premium tax credit
Jun 25th, 2015

Supreme Court Upholds ACA Advance Premium Tax Credits

The Supreme Court has decided the federal Marketplace for health insurance may continue providing advance premium tax credits. In short: nothing changes. For the 6.3 million people enrolled in health insurance through a Marketplace and receiving an APTC to help pay monthly premiums, that tax credit is not affected and can continue in the future. […]

business deduction
May 4th, 2015

Tax Return of the Jedi

Ed note: Warning: what follows is not for the faint of heart. But, if you love talking taxes or frequent the Wookieepedia boards, then you are in for a treat. Enthusiasm for Star Wars has spiked recently with the release of the much-anticipated trailer to the next chapter in the series, The Force Awakens. Both […]

football
Apr 30th, 2015

Tax-Exempt No Longer: The NFL’s Tax History and Future

Ed note: You may have just finished paying a tax bill for 2014, but you know who didn’t? The National Football League. However, Mike Slack (one of our Tax Institute experts) explains how that changed this week.  When most people think about tax-exempt organizations, churches, schools and charities often come to mind. These fall under […]