taxes

The IRS will test a free tax filing service in 2024 for a subset of lucky taxpayers in as many as 13 states, the agency announced today. Direct File, as…

Intuit, the U.S. financial and accounting software giant, has unveiled its first customer-facing generative AI-powered solution: a digital assistant to assist small businesses and consumers. Called Intuit Assist, the digital…

As tempting as it may be, you can’t keep a foothold in Silicon Valley while dipping your toe in the Gulf Coast — and still save on taxes.

While no business is exempt from taxes, it’s critical for startups to understand when they’re liable for tax, and if offering a SaaS solution, how each set of local laws…

Most Americans dread doing their taxes. Surveys show as much. But as many as 40% rely on money from tax refunds to satisfy some financial obligation. Ben Borodach, a former…

Government tends to struggle when it comes to keeping up with tech innovation. The past U.S. tax season that just wrapped up in April was particularly stressful for investors and…

Ben Franklin once famously said that in this world nothing can be said to be certain, except death and taxes. But that doesn’t make dealing with either particularly natural and…

A lack of formal guidance from U.S. regulators requires taxpayers to interpret how existing laws intended to regulate traditional assets might apply to crypto.

As the Russia-Ukraine war rages on, crypto has become an integral tool for donors abroad to support Ukraine. The success of crypto-native fundraising campaigns in this context is reflective of…

Just in time for tax season in the United States, Australian startup CryptoTaxCalculator (CTC) announced it has raised seed capital to expand its automated crypto tax reporting tool further into…

The upcoming tax season is likely to prove particularly complex for crypto investors, many of whom will be paying taxes on their crypto holdings for the first time ever. In…

The Biden Administration has reportedly proposed significant changes to the capital gains tax, aiming to target the wealthiest Americans to help fund his historic aid programs.

Stripe, the privately-held payments company now valued at $95 billion, has made an acquisition to expand the range of tools (and services) that it provides to online businesses. It has…

Artificial intelligence has become a fundamental cornerstone of how a lot of business software works, providing a useful boost in reading, understanding and using the often-fragmented trove of data that…

Digital services taxes adopted by India, Italy and Turkey in recent years discriminate against U.S. companies, the U.S. Trade Representative said on Wednesday. USTR, which began investigations into the three…

You may be able to exclude up to 100% of your federal capital gains taxes from selling the stake in a venture-backed tech startup.

India today addressed a long-standing challenge that has been affecting the country’s booming startup ecosystem. As part of a raft of measures to boost overall economic growth from a five-year low, Finance…

The lower house of the French parliament has voted in favor of the new tax on tech giants without any modification. Big tech companies that generate significant revenue in France…

Startups are but one species in a complex regulatory and public policy ecosystem. This ecosystem is larger and more powerfully dynamic than many founders appreciate, with distinct yet overlapping laws…

Fred traded cryptocurrencies last year. Unfortunately, his trading yielded a capital loss of more than $35,000. Filing taxes could add another headache in a few weeks if not done correctly.

Apple has agreed to pay back a large sum in backdated taxes. The company has confirmed the information to the AFP and Reuters. According to L’Express, Apple could have paid…

Sites like Amazon and eBay have made it very compelling for consumers to buy online rather than in stores, in part because prices are very competitive and in many cases…

Late last week, Congress moved one step closer to passing the American Innovation Act of 2018, a bill that would make accounting and tax changes that would likely increase the valuation of startups in an acquisition. The House…

In an embarrassing and mystifying about-face, the Seattle City Council has repealed a tax it passed unanimously just a month ago that would require large companies to pay a fixed…

Seattle’s city council voted unanimously to approve a new tax on the largest employers in the city, despite strong opposition by Amazon and other affected companies. The tax, on companies…

Even as Amazon continues to grow at a staggering rate, it is pumping the brakes on its long-planned hometown expansion. The retail giant threw down the gauntlet this week when…

Twitter’s brief morning outage was stressful enough — but those who’ve waited until the last possible moment to pay their tax bills have a much more distressing site crash to…

Tax cuts might be the name of the game for the Trump administration, but the president has no intention of letting Amazon’s Jeff Bezos off easy. With a tweet early…

The Republican tax bill is ready for the president’s signature. After forcing its second vote in two days, the bill passed the House with a vote of 224 to 201.…

Facebook today said it is shifting to a “local selling structure” in countries outside the U.S. That means that rather than directly route its revenue to its international headquarters in…