Google to pay $549 million fine and $510 million in back taxes in France

After years of back and forth with tax authorities in France, Google has settled a fiscal fraud probe, as the financial prosecutor’s office told Reuters and AFP. Overall, Google will pay a $549 million fine as well as $510 million in back taxes (€500 million and €465 million respectively). This is a settlement, which means […]

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TurboTax and H&R Block hide their free tax filing tools from Google on purpose

Low income Americans can file their taxes for free, but odds are they ended up paying anyway. ProPublica found that tax filing giant Intuit is deliberately concealing search results for its free filing service, instead pointing all consumers toward its paid products. While users visiting TurboTax’s homepage will be greeted with what looks like free […]

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The government is about to permanently bar the IRS from creating a free electronic filing system

Thanks to pressure from tax preparation industry, Congress is getting ready to ban the Internal Revenue Service from ever building a free electronic tax filing system. As ProPublica reports, the effort is a bipartisan one. The House Ways and Means Committee, led by Massachusetts Democrat, Richard Neal, passed the Taxpayer First Act. The bill would […]

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Startup Law A to Z: Regulatory Compliance

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 at the federal, state and local/city levels, all set against a vast array of public and private interests. Where startup founders see opportunity for disruption […]

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PSA: File your US tax return before scammers steal your refund

It’s tax season! You know what that means? It’s scamming season, too. You might have heard this story before. A scammer starts by spoofing an email pretending to be the chief executive of a company, angrily demanding that someone in accounting or human resources immediately sends over their employees’ W-2 forms “or there will be trouble!” […]

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Pitching a $99 tax advisory service for the masses, Visor has raised $9 million

The only sure things in this life, according to Ben Franklin, are death and taxes. And a new startup called Visor has just raised $9 million in financing to make one of them as painless as possible. Unlike Nectome, Visor won’t kill anyone, but it may ring the death knell for the high-end tax advisors that most Americans […]

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