AnchormosaicTen Ways Billionaires Avoid Taxes on an Epic Scalepropublica.org - Paul KielAfter a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive …
AnchormosaicEtsy paid just £128,000 in corporation tax in 2020 in the UK despite £160m in salesverified_publisherThe Guardian - Sarah ButlerThe online marketplace Etsy paid just £128,000 in corporation tax in the UK in 2020 despite racking up sales of $195.8m (£160m) as it funnelled business through Ireland. The Brooklyn-based business would have been liable for corporation tax of almost £7m if it had booked all sales made in the UK at …
AnchormosaicMissed the April tax deadline? Here’s when to file to avoid larger penaltysilive.com - Annalise KnudsonSTATEN ISLAND, N.Y. — If you missed the April tax deadline, the Internal Revenue Service (IRS) is advising taxpayers to file soon to avoid a larger …
AnchormosaicThe IRS is sending millions of tax payment letters this month. Don't ignore them.verified_publisherCBS News - By Aimee PicchiThe IRS this month will send millions of letters to taxpayers whom it believes underpaid the tax agency. It's important to pay attention to this …
AnchormosaicTax professionals ‘horrified’ by IRS decision to destroy data on 30 million filersverified_publisherCNBC - Kate Dore, CFP®An audit by the Treasury Inspector General for Tax Administration revealed the IRS has tossed data for millions of payers, sparking anger from the …
AnchormosaicOver 60 million Americans have taxes so simple the IRS could do them automaticallyverified_publisherVox - Dylan MatthewsFor many Americans, doing your taxes isn’t all that complicated. It’s just data entry. The actual work of doing your taxes mostly involves rifling through various Internal Revenue Service forms you get in the mail. There are W-2s listing your wages, 1099s showing miscellaneous income like from …
