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Taiwan allows tax filing via smartphone for first time

TAIPEI (Taiwan News) — Taxpayers in Taiwan have been given the option to file their taxes via mobile devices for the first time, which is expected to shorten the process to just five minutes. ...

Edmunds: 5 smart ways to use your tax return on a car

Tax season will be coming to a close later than usual this year, due to the May 17 extended deadline. Until that time, you might hear advertisements from car dealerships urging you to bring in your re...

Liz Weston: 9 money numbers you need to know

Your doctor needs to know certain numbers to judge your physical health, such as your weight, your blood pressure and your cholesterol levels. Similarly, you need to know certain nu...

NY CFO pleads guilty to laundering scheme involving diamonds

NEW HARTFORD, N.Y. (AP) — A New York company’s chief financial officer acknowledged stealing nearly $776,000 to invest it partly in African diamonds, according to federal prosecutors. ...

Stimulus payments headed to Social Security recipients soon

Social Security recipients and other federal beneficiaries who don't normally file a tax return should expect their coronavirus relief payments soon. The federal government began di...

IRS warns of phishing scam targeting colleges, universities

The Internal Revenue Service issued a warning Tuesday about a phishing scam targeting students and staff at educational institutions who have an .edu email address. The IRS said it ...

Liz Weston: If you need to find tax help, try DIY first

Getting help from the IRS this tax season is going to be a challenge. The IRS has finally opened the 23.4 million pieces of mail that piled up after the pandemic shuttered its proces...

IRS says new round of COVID relief payments on the way

WASHINGTON (AP) — Officials at the Treasury Department and Internal Revenue Service said Friday that processing the new round of stimulus payments has already begun, with the aim of having the first p...

Liz Weston: Worry about the right thing with estate taxes

Death and taxes may be the only certainties in life, but death taxes are only a remote possibility for most people. The vast majority of Americans won’t ever have or give away enough to owe estate or ...

Maryland lawmakers move ahead with first tax on internet ads

ANNAPOLIS, Md. (AP) — Maryland lawmakers are moving forward with a first-in-the-nation tax on internet ads for big tech companies like Facebook and Google to help pay for a comprehensive and costly me...

Taxing time: How the pandemic will affect filing your taxes

Tax filing season will start a bit later this year and look a bit different too. That’s because the pandemic that defined 2020 has seeped into tax time too. If you worked from home, received a relief ...

Baltimore officials release report on prosecutor's travel

BALTIMORE (AP) — The top state prosecutor in Baltimore, a prominent figure in the racial justice movement, attended two dozen events outside Maryland in 2018 and 2019 without getting approval for more...

Liz Weston: What gig workers need to know about taxes

If you became a gig worker during the pandemic, beware: Your taxes just got more complicated. Gig work — Uber driving, Instacart shopping, Amazon Flex delivery and so on — is on-dema...

Liz Weston: How to make budgeting as painless as possible

Budgeting is a pain. But what’s more painful is a bill you can’t easily pay, debt that costs a fortune or not having enough money to retire. Fortunately, you can have a useful, work...

Brexit hikes costs, hassle for UK musicians touring EU

LONDON (AP) — British musicians are demanding that the UK government faces the music after new post-Brexit regulations failed to consider their unique work lives and left them in the lurch. ...