taxes

The 2020 presidential race is a debate about what kind of a country Americans want in the future, and it’s the kind of debate that took place before the Civil War and again in the 1890s, Steve Forbes told the Detroit Economic Club on Monday. “We’ve had these debates before. We...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. For the wider world in general and cryptocurrency specifically, 2020 marks the start of a new decade. More than 10 years have passed since...

Seattle-based e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) paid more 13 times more in taxes in 2017 and 2018 in Japan than it did in 2014, the Nikkei reported on Monday. What Happened Amazon's Japanese subsidiaries paid approximately $137.4 million (15 billion yen) in taxes both in...

Hard work pays off … or does it?   The gig economy accounts for 30-40% of the U.S. workforce and is growing at a faster rate than traditional full-time jobs. Workers over 45 years old are also making up over half of the “on-demand” or shared-economy self-employed workforce....

AARP Foundation Self-Saver™ is a self-employment tax tool designed to help self-employed workers withhold and submit quarterly taxes with ease. Powered by Track Technologies, Self-Saver aims to help self-employed people 50 and older achieve financial independence and security. America has a...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. A 2016 estimate from the Bureau of Labor Statistics puts the number of self-employed people in America at approximately 9.6 million. And...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Are you a self-employment seasoned pro who knows all about the tax implications of working for yourself, or are you just getting started?...

The search engine giant Google has finally settled a decade-long tax dispute with the Australian Taxation Office, according to Reuters. What Happened The ATO said on Wednesday that Alphabet Inc’s (NASDAQ: GOOGL) Google has agreed to pay an additional A$481.5 million ($326.75 million USD...

Billionaire Microsoft Corporation (NASDAQ: MSFT) founder Bill Gates is so rich that he's "paid more taxes than anybody," he said this week.  But just because Gates can write a 12-digit check for taxes doesn't mean he should, the tech founder said.  What Happened...

The exciting thing about the crypto market is that the sentence: “These are turbulent times for bitcoin and other cryptocurrencies” has been true ever since the inception of bitcoin in 2009. And so whenever you are reading this article, the above sentence will most likely still be true...

America’s tax system has gradually gone from super-progressive to flat to regressive over the last half century or so, and for the first time on record the richest 400 people in the country now pay a lower tax rate than everyone else, according to data in a new book by two award-winning...

Starbucks Corporation (NASDAQ: SBUX) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) each scored a legal victory in Europe, while automaker Fiat Chrysler Automobiles NV (NYSE: FCAU) will be forced to repay tens of millions of dollars in back taxes, CNBC reported Tuesday.  Starbucks Brews...

Donald Tankersley, 76, former chief executive officer of White Dairy Ice Cream and Tankersley Foods in Van Buren, Arkansas, pleaded guilty to two counts of tax fraud in federal court on Sept. 20. He faces a maximum sentence of three years in prison for each charge, according to Duane Kees, the U.S...

In the U.S. in exchange for investing Opportunity Zones, investors can access capital gains tax incentives available only through these zones. There are a number of pros and cons when investing in these funds. A qualified Opportunity Fund is a U.S. partnership or corporation that intends to invest...

U.S. President Donald Trump and French President Emmanuel Macron met over the weekend at the G-7 summit, and the two sides are reportedly close to reaching a compromise on France's new digital tax, CNBC reported Monday. What Happened France imposed a 3% tax on global tech giants in...