Three Essential Tips to Handling Small Business Taxes
Owning a small business or being self-employed is a lot of work, and that’s before it comes to filing taxes. Small business owners and the self-employed can make tax time easier by following just a few essential tips: 1. Good records: keep them separate; keep them safe. Keeping good records is the foundation for everything else: a taxpayer… Read More
H&R Block’s Final ACA Stats: Refunds Impacted for Most Who Received Advance Tax Credit
Numbers show increase from early season results Almost two-thirds of tax filers who received insurance via the state or federal insurance Marketplaces had to pay back an average of $729 of the Advance Premium Tax Credit (APTC), cutting their potential refund by almost one-third, according to analysis of filing data by H&R Block (NYSE:… Read More
H&R Block Reports U.S. Tax Results Through April 16; To Announce Fiscal 2015 Results on June 8
Assisted returns prepared declined due to the carryover impact of eliminating a promotion in the prior year and continued behavioral shifts in tax filers who claim the Earned Income Tax Credit (EITC) H&R Block tax software returns prepared through online, desktop and mobile applications grew 8.2% over the prior year; monetization… Read More
Up to 1 in 6 Impacted by Expired Tax Benefits
Lynn Ebel, tax attorney at The Tax Institute, talks with the H&R Block newsroom about the impact expired tax benefits will have on taxpayers in 2015, including on teachers, students, homeowners and retirees.