The company says it incorrectly calculated how much its commission should have been on rides in New York City over the past two and a half years, according to The Wall Street Journal. Uber’s rocky relationship with its drivers has resulted in the company offering olive branches and occasional compensation, and that pattern continues with a colossal error… Read More

Houston, Texas – With over 260 million licensed drivers in the US, it’s no wonder this startup is taking off and saving people money, for free!  Are you aware that you could receive a large discount by using this new startup’s service? In addition, if you live in certain zip codes, you may get extremely… Read More

Senators Rob Portman, R-Ohio, and Ben Cardin, D-Md., introduced bipartisan legislation Thursday to make the Internal Revenue Service more accountable to taxpayers, as well as revive the IRS’s regulation of tax preparers, as a panel of tax experts testified before their subcommittee about improving tax administration at the IRS. The Protecting Taxpayers Act aims to… Read More

The Tenth Circuit had bad news for most of the state legal pot industry in its recent decision-Alpenglow Botanicals LLC. Some of the service providers to the industry might not be that disappointed, though. That is probably a reflection of Reilly’s Third Law of Tax Practice – Any reasonably complex tax matter involving significant dollars,… Read More

WASHINGTON (SBG) – The Internal Revenue Service is on a mission to collect hundreds of billions of dollars owed in back taxes from delinquent taxpayers and is now enlisting other government agencies to help. How much is still owed by U.S. taxpayers? The IRS says $458 billion. If you’re among them and haven’t started a… Read More

The hallmark of the Tax Cuts and Jobs Act of 2017 (TCJA) was supposed to be its simplicity. By eliminating the personal exemption amounts and doubling the standard deduction, the theory was that taxpayers would have a tax return that was so simple that it could fit onto a postcard. In the weeks and months… Read More

Some taxpayers may owe the IRS more than they expect next April, after changes were made to individuals’ tax liabilities via the Tax Cuts and Jobs Act last year. According to a simulation conducted by the Government Accountability Office (GAO), which reviewed the revised federal tax withholding tables for 2018 implemented by the IRS and… Read More

A deduction cuts the amount of income you’re taxed on, which can mean a lower bill. But a credit cuts your tax bill directly. At NerdWallet, we adhere to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from our partners. Here’s how we make… Read More

The Internal Revenue Service (IRS) has announced that tax relief is available – retroactively – for veterans who received disability severance pay after January 17, 1991, and included that amount as income on their taxes. Approximately 130,000 separated military members who received disability severance pay as income may be affected. Typically, Disability Severance Pay is… Read More

A Wayfair distribution center in Cranbury, N.J.CreditJohn Taggart for The New York Times. By Adam Liptak, Ben Casselman and Julie Creswell WASHINGTON — Americans have done more and more of their shopping online in recent years, drawn by the promise of low prices, wide selection and buy-from-home convenience. But e-commerce has also had another edge:… Read More