Taxes
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Blog
What to Do If You Haven’t Filed Your Taxes in Years
If you haven’t filed tax returns for several years, you’re not alone: The IRS anticipates a $500 billion decrease in tax revenue this year. (That’s a more than 10% decline compared to last year.) More anecdotally, the IRS has also noted increased talk online from people saying they won’t pay taxes this year, and that they’re willing to take the…
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Seven Popular Home Renovations That Will Increase Your Property Taxes
While property taxes vary widely across the United States (Essex County, New Jersey has some of the highest on average, at $13,145; while West Virginia has some of the lowest—just $989), if you own a house, you’re paying some kind of property taxes—and if you renovate that house, your property taxes will probably go up. That happens because significant improvements…
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How to file and pay your 2024 taxes online
The holidays are over, a new year is here, and along with all the various upheavals that we are facing (including some possible changes in tax law), most of us have to deal with our annual income taxes. Sorry about that. Tax day this year falls, for most of us, on the traditional April 15th. There are exceptions: for example,…
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Apple Must Pay Back €13 Billion in Unpaid Taxes to Ireland, E.U. Court Rules
Apple has been ordered to pay back €13 billion ($14.4 billion) worth of tax to Ireland by the European Court of Justice. Two of its subsidiaries illegally received tax benefits between 1991 and 2014, as these benefits were not available to other companies. Ireland issued tax rulings favouring Apple Sales International and Apple Operations Europe in 1991 and 2007, respectively.…
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