Thursday, February 29, 2024

WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?

 

* From the IRS – “Michigan taxpayers impacted by severe storms, tornadoes and flooding qualify for tax relief; various deadlines postponed to June 17”.

* F.I. TAX GUY Sean Mullaney, and Andrea MacDonald, discuss “Tax Return Reporting for Net Unrealized Appreciation.”  

* Kay Bell reports “FTC alleges H&R Block deleted customer tax data, used deceptive advertising” – (highlight is mine)

The Federal Trade Commission (FTC) this afternoon announced it has filed an administrative complaint against H&R Block for wiping out customers' entered data as a way to pressure them to pay for higher-priced tax preparation software options.”

Another reason to never use Henry and Richard to prepare your taxes.

* ACCOUNTING TODAY identifies “The 20 worst states for doing business”. 

Guess which is the worst state (it should come as no surprise).  

* Let's end with more disaster relief from the IRS – "San Diego area taxpayers impacted by severe storms, flooding qualify for tax relief; various deadlines postponed to June 17”.

* And Jeff Stimpson tells us “Washington wildfire victims get tax relief” at ACCOUNTING TODAY.

TTFN












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