Tax preparation giant H&R Block, embarrassed by a filing glitch this tax season that contributed to a delay in refunds for hundreds of thousands of clients, is offering up a refund of its own with a $25 gift credit card to those affected.
Millions of people who take advantage of government subsidies to help buy health insurance next year could get stung by surprise tax bills if they don't accurately project their income.
Critics have long derided President Obama's signature health care law as a job killer.
While much of Washington is consumed by the debate over tax increases scheduled to take effect next year, big tax hikes already have gone into effect for millions of families and businesses this year.
On Monday, the FBI turned off servers that had allowed thousands of malware-stricken computers to continue using the Internet. The personal computers _ both Windows PCs and Macs _ are corrupted by a virus known as DNSChanger. Without the servers, the machines wouldn't know how to locate websites and send email.
Procrastinators across the land get a break this year: Tax filing day is April 17. It's normally the 15th, but that falls on a Sunday this year. The next day is Emancipation Day in the District of Columbia and Patriots' Day in Massachusetts. So, we all get 48 more hours to sweat over our returns.
Taxes, like death, may be inescapable. But, at the very least, taxpayers have always enjoyed the freedom to offload the headache of doing their taxes to the tax-return preparer of their choice.
Federal Reserve Chairman Ben S. Bernanke on Thursday tried to reassure U.S. soldiers, a group hit hard by high unemployment, that the Fed is working to strengthen the economy.
I have a vision of hell. There are no pitchfork-wielding demons flitting about, no lava pools vomiting pitch, no goateed Lucifer polishing his horns. The devil is dressed in a button-down shirt and gray suit. He is a GS-12 official for the Internal Revenue Service (IRS) and his minions are tax preparers. When we meet our final reward, the punishment for our crimes is to undergo eternal audit.
