Did Donald Trump Lose More Than $1 Billion On Purpose?

How do you lose more than a billion dollars? The New York Times announced that it had ten years’ worth of Donald Trump’s tax data from official Internal Revenue Service tax transcripts from 1985 to 1994. The news? Losses: almost $1.2 billion over the period and no federal income tax for eight out of the […]

H&R Block CEO On Why He’s Shaking Up The Way We Pay For Tax Work

You can tell something new is going on when an old line firm like H&R Block starts shaking things up. The company’s new CEO kicked off this tax filing season with a television ad touting that tax filers will know how much they’ll pay for tax work before the work even begins. What’s so disruptive […]

As Tax Day Approaches, Filers Find Themselves Big Winners—or Losers

For the first time in 50 years, Bob Charron, a partner and tax practice leader at accounting and advisory firm Friedman, took the standard deduction himself rather than itemizing. No mortgage, good health, and the restriction on SALT deductions for state and local taxes meant no advantage in pulling together the paperwork. “I have a […]

Most Americans Don’t Have High Hopes for Lower Taxes in 2019

Most Americans have apparently given up on lower taxes for now as only 21% of those who already filed their taxes think they’ll pay less for 2019, according to a Reuters/Ipsos poll released Friday. The filing is for the now-closed 2018 tax year, which was the first to see implementation of the tax cuts a […]

H&R Block CEO Tax Tips: File Early, File Online, Ask for Direct Deposit Refund

It’s tax time! And for many Americans this is the time of year they turn to H&R Block for help. The Kansas City, Missouri company has been filing tax returns for 65 years. Today, H&R Block has 10,000 offices around the country with nearly 100,000 financial experts ready to help. As CEO Jeff Jones puts […]