tax
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MA tax preparer and accountant pays ransom after hackers steal private info of 70K clients
Massachusetts accounting firm Bookkeeping & Business Services (BBS) this week confirmed it notified 70,168 people about a December 2023 data breach that compromised clients’ private medical and tax information. What info was compromised depends on whether the victim is a medical billing client or tax preparation client. For tax preparation clients, the breached info can include: Name Social Security number…
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Don’t Miss This Tax Deadline If You Filed for an Extension
If you applied for an extension for your 2023 tax return and have not yet completed your filing, it’s crunch time: The final deadline for 2023 returns is on Tuesday, Oct. 15, and failure to file could result in a penalty. The IRS allows individuals to request a six-month extension from the standard tax return deadline of April 15—but this…
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Apple loses $14B as Europe claws back tax – Computerworld
$3,000 each Apple isn’t happy about the outcome of the case. “We are disappointed with today’s decision,” the company said. “There has never been a special deal.” Apple was required to hand the cash over to an independent third-party-administered escrow account in 2016. That account now holds around €14 billion. With a population of 5.2 million, the cash hoard is the…
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