A Guide to Sole Proprietor Tax Write-Offs

As a sole proprietor, you need to know the correct tax write offs for your small business. Learn some helpful tips below.

Elon Musk Will Sell 10% of Tesla Stake to Pay Taxes Following Twitter Poll

Elon Musk left his fate to Twitter to decide, and says he will now sell 10% of his Tesla stock to pay more taxes.

EU Court Upholds Apple’s Irish Tax Deal

Apple scored a big win in European courts, with the General Court of the European Union ruling Apple’s tax deal with Ireland was legal.

Google To Stop Using Irish And Dutch Tax Loopholes

According to Reuters, Google’s parent Alphabet will stop using a tax strategy known as the “Double Irish, Dutch Sandwich” to minimize U.S. taxes. The tax practice involved using a subsidiary in the Netherlands “to shift revenue from royalties earned outside…

IBM Watson Brings AI to H&R Block Tax Preparation

IBM announced a partnership with H&R block to use their artificial intelligent platform IBM Watson to radically improve tax preparation. “Introducing the biggest advancement in tax preparation technology,” exclaimed IBM in an announcement video. “Say hello to the partnership between…

The Definitive Business Argument for Sustainable Technology

Commissioned News Story For decades, individuals have been lectured to pick up trash, to turn off unused lights, to brush their teeth without running the faucet, and in recent years, the green movement has finally taken hold. In 8 out…

Puerto Rico Is An Ideal Business Destination

This is a sponsored post written by WebProNews on behalf of Puerto Rico for IZEA. Puerto Rico is the perfect location to do business, and now is definitely the time to do it! Puerto Rico’s fiscal incentives package, lifestyle and…

Microsoft Releases Bing Ads Tax eBook For Agencies

Microsoft announced that it has put together a new eBook for tax season aimed at giving agencies tips and insights to help their tax-related clients’ improve their search campaigns. According to the company, electronic filing has increased 30% since 2009…

Toby Keith’s Bar Owes $250,000 In Back Taxes

The tax debt of Toby Keith’s I Love this Bar & Grill at Destiny USA has continued to grow, now totaling over $250,000. Earlier this month, New York filed a new tax warrant against the restaurant for $107,000, related to…

Report: People Buy Less From Amazon In Online Tax States

Researchers from Ohio State have published a paper on the “Amazon Tax,” saying that “only Amazon.com has been affected”. A bunch of states have implemented laws that that demand sales tax on online purchases. Items sold by Amazon and shipped…

‘House Of Cards’ Season 3 In No Danger From Maryland Tax Situation, Says Netflix

Earlier this year, reports came out that the production of House of Card: Season 3 was being held up as two bills in Maryland would affect tax breaks, which have been a key in the show being produced in the…

Federal Taxes Too High, Say Americans

With the deadline to file 2013 taxes approaching fast, more Americans are now coming face-to-face with just how much they own Uncle Sam. As the U.S. has always had an interesting relationship to taxes, it isn’t surprising that most Americans…

Gisele Audited by IRS After Listed as Forbes’ Highest-Paid Model

Brazilian supermodel, Gisele Bundchen, was recently reviewed by the IRS after making “The World’s Highest-Paid Models of 2013” list on Forbes. According to Forbes, the 33-year-old earned $42 million last year and “replaced Beyoncé as the face of H&M, reportedly beat out…

Walmart’s Hidden Employee Food Stamp Subsidy

A few days ago, Val Powell brought you some information about how Walmart is showing its business’ dependence on food stamps. In the filing of a form 10-K with the Securities and Exchange Commission, Walmart noted that its bottom line…

IRS: Bitcoin is Property, Not Legal Tender

Despite the wild swings in the virtual currency markets and the recent scandal involving the Mt. Gox exchange’s loss of $400M, Bitcoin continues to hold some value online. As the most popular virtual currency, Bitcoin is becoming increasingly popular with…

TurboTax 2014: Compare Cost to Other Online Tax Services

Tax filing season is finally underway, so now it’s time to decide how you want to file your taxes. If you don’t much care for using an accountant or tax preparation chain such as H&R Block to file your taxes…

Michael Jackson Estate Charged With $702M Tax Bill

Michael Jackson’s estate is being heavily pursued by the IRS for “undervaluing assets” and now faces a $702 million charge. In U.S. Tax Court documents, executors estimate that Michael’s net worth at his time of death in 2009 was around…

IRS e-file Season Begins This Weekend

The IRS officially began processing 2013 tax returns this Friday, starting this year’s tax season. The IRS hopes that their e-filing process, along with their direct deposit system, will encourage users to process their return early, instead of waiting until…

Tax Filing- Delays and Changes You Should Know About

If you usually get a big tax refund, you are probably excited to file your 2013 taxes. If you have to pay in, you may want to put it off as long as possible. Many people have a hard time…

IRS.Gov Offering Free Tax Filing

It’s time to file your taxes and when it comes to choosing a place to have them done, you have a lot of options. More people are opting to do their own taxes online. Not only has filing online gotten…