Tag: Tax Laws

Pleading the Fifth, and Other Arguments That Won’t Get You Out of Paying Taxes

We assume that you’ve been less than enthused about tackling your taxes at some point over the last few months. But some people take that lack of enthusiasm to a whole new level. Like to the Supreme Court.

Living Abroad? Serving in the Military? You May Qualify for an Automatic Extension

One week left. If it’s just not going to happen in the next 7 days, you can request an extension of time to file (but remember: this must be done by the tax deadline, April 15th) to push your filing deadline back six months. In fact, participating H&R Block offices are offering free extensions right [...]

5 of the Strangest Tax Deductions Ever Allowed by the IRS

There are plenty of verified, documented cases of weird and wonderful tax deductions our fellow Americans have attempted to claim. The twist? Some were actually allowed by the IRS.

The Top 10 Tax Audit Triggers

Ed Note: As you may know, a tax audit is an IRS inspection of an individual’s or entity’s books and records. If you’re audited, the IRS will send you a letter stating which type of tax audit applies to you. You’ll need to comply with the IRS’ requests for information (which is why you’re advised [...]

The Top 3 Tax Tips for Bloggers

Is blogging your business? Filing taxes can be a bit tricky for bloggers & freelancers — but Jim Wang of Bargaineering is here to share his own tips and experiences to help you sort through it.

When Do I Need to Start Caring About the Health Care Changes?

Think you don’t need to deal with the implications of the new health care changes until next year? Think again. Here’s what you need to know in 2013.

Giving ‘Til it Hurts: The Annual Gift Tax Exclusion

So you’re generous with your money, doling out cash gifts to relatives left and right. But how big does a gift need to be to catch Uncle Sam’s eye?

Glossary: Your Guide to the Newest Health Care Jargon [INFOGRAPHIC]

If the acronyms and jargon surrounding Health Care Reform have your head spinning, look no further. Refer to this handy guide to decode the elements of the Affordable Care Act, brought to you by The Tax Institute at H&R Block.

Yes, Your Paycheck is Smaller in 2013. Here’s Why.

Sticker shock? Here’s why the paycheck you received this week is smaller than usual.

How is Taxable Income Determined?

With tax time coming up quickly, it’s time to get back to the basics: let’s talk taxable income. According to tax law, how can you determine your taxable income?