Tax Preparation

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4 ways to make next year’s tax time easier

4 ways to make next year’s tax time easier
By Andrew Housser Resolutions are not just for New Year's. If, at tax time, you found yourself saying, "Next year, I will be better organized," then you need to start taking steps now to ensure a smoother tax filing process in 2014. What's more, April is Financial Literacy Month – the

Govt shuts more than 30 tax preparers in 6 months

Govt shuts more than 30 tax preparers in 6 months
By PETE YOSTAssociated Press WASHINGTON (AP) - As the April 15 federal income tax deadline approaches, the Justice Department says it has closed more than 30 unscrupulous tax preparers and tax fraud promoters in the last six months. They were shuttered for improperly manipulating customers'

IRS: Tax glitch affects about 660K returns

IRS: Tax glitch affects about 660K returns
By HEATHER HOLLINGSWORTHAssociated Press KANSAS CITY, Mo. (AP) - A tax-preparation glitch affecting about 660,000 tax returns will delay refunds by as long as six weeks, with customers of the nation's largest tax preparer among those affected. The Internal Revenue Service said in a statement

IRS: Tax glitch affects about 660K returns

IRS: Tax glitch affects about 660K returns
By HEATHER HOLLINGSWORTHAssociated Press KANSAS CITY, Mo. (AP) - A tax-preparation glitch affecting about 660,000 tax returns will delay refunds by as long as six weeks, with customers of the nation's largest tax preparer among those affected. The Internal Revenue Service said in a statement

From eggs to film: A Japanese-American studio head

From eggs to film: A Japanese-American studio head
By RYAN NAKASHIMAAP Business Writer BURBANK, Calif. (AP) - There isn't much "Hollywood" about Kevin Tsujihara. He spends most of his time in back-room meetings, away from the red carpets and spotlights for which the city is known. There are few photos of him online, and a few weeks ago, someone

Don't be fooled by January pay _ higher taxes loom

Don't be fooled by January pay _ higher taxes loom
By STEPHEN OHLEMACHERAssociated Press WASHINGTON (AP) - Workers probably won't feel the full brunt of next year's tax increases in their January paychecks, but don't be fooled by the temporary reprieve. No matter what Congress does to address the year-end fiscal cliff, it's already

Stocks edge up as investors keep eye on Washington

Stocks edge up as investors keep eye on Washington
By By MATTHEW CRAFTAP Business Writer NEW YORK (AP) - Apple and other technology companies led the stock market up for the second day in a row Thursday. The gains came a day after Apple took its worst fall in four years. In separate interviews, CEO Tim Cook said Apple will produce one of its

Stocks open mixed as Europe holds off on stimulus

Stocks open mixed as Europe holds off on stimulus
NEW YORK (AP) - Stocks are opening mixed on Wall Street following news that Europe will hold off on new economic stimulus measures. The Dow Jones industrial average was up 18 points at 13,051 shortly after the opening bell Thursday. The Standard & Poor's 500 index edged up half a point to 1

H&R Block 2Q loss narrows as revenue rises

H&R Block 2Q loss narrows as revenue rises
KANSAS CITY, Mo. (AP) - H&R Block's fiscal second-quarter loss narrowed, helped by cost-cutting efforts. Revenue climbed mostly because of a strong tax season in Australia. The nation's largest tax preparation company typically turns in a loss in the August-to-October period because it

IRS commissioner Shulman to step down

IRS commissioner Shulman to step down
By JIM ABRAMSAssociated Press WASHINGTON (AP) - The Internal Revenue Service announced Wednesday that Doug Shulman, who has led the agency for more than four years, will step down next month. Shulman, who was appointed IRS commissioner by President George W. Bush and confirmed by the Senate in