The IRS has seen it all. Here are some of the more interesting arguments people have actually used in court to try to avoid paying taxes.
Here are a few of our all-time favorite strange deductions — from the understandable (bath oil for dry skin? Sure!) to the sketch (arson, anyone?)
We’re jealous of the Mega Millions Winners, but as we all know: mo’ money, mo’ taxes. But how much mo’, exactly? We hit up the big brains in the Tax Institute to find out.
Even if the celebrities walking the red carpet don’t take home any Oscar hardware tonight, most won’t be leaving empty-handed. Between the plentiful freebies given out in sponsored luxury gift suites and the loot in official ‘swag bags,’ A-listers have been known to score up to $100,000 in free gifts at awards shows like the [...]
Editors Note: The following is a blog post by renowned facial hair activist Dr. Abraham Jonas Froman. Dr. Froman is the co-founder and CEO of the American Mustache Institute. Earlier today in Washington, D.C., Froman and the AMI announced the movement to pass the ‘Stache Act and announced H&R Block’s involvement in supporting the legislation and [...]
Update 2/23/12: Based on current IRS guidance, most refunds are being issued from the IRS in 10 – 21 days. However, based on the new guidance from the IRS it could take longer. You can check the status of your return and get an estimated refund date from the IRS by going to www.irs.gov and [...]
Yesterday, Facebook filed for its IPO, which means that the private company is on its way to offering stock for sale to the public. How wealthy Facebook’s historic, $5 billion IPO makes some of its employees depends not only on the price of the stock and how many shares an employee receives, but whether the [...]
What does the east coast city of Providence, Rhode Island, have in common with the urban giant of Los Angeles, California? Although they are very different, both cities are among the 1o U.S. cities that had the highest tax burdens in 2010. While federal tax rates stay the same regardless of where the taxpayer lives, [...]
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