Tax Returns news and trends

Taxing Problem: H&R Block Supports Consumer Need For Digital Disbursements
Disbursements // March 02, 2021

It has been a year since the pandemic’s arrival prompted widespread changes to how consumers, merchants, payment providers and financial institutions (FIs) interact and move their money. The financial ecosystem in place when 2020 began has been replaced by one in which digital disbursements are...

Bitcoin Daily: IRS Eyes Hiring Contractors To Help With Crypto Taxes; Phemex Exchange To Launch...
Bitcoin // May 13, 2020

The IRS is seeking to have contractors assist in auditing digital currency tax returns, according to a post on CryptoTrader.Tax‘s website. The agency reportedly wrote in an email sent to the platform that is is “engaging outside contractors to assist our Revenue Agents in calculating...

TurboTax Rolls Out Free Tool For Faster Stimulus Payments
Economy // April 05, 2020

Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. There are roughly 10 million people in the U.S. who are not required to file taxes, and...

Stripe Launches Tool To Help Founders File Tax Returns In Minutes
Innovation // January 10, 2018

Stripe has announced an addition to its Stripe Atlas toolkit that will help founders file their corporate tax returns in minutes. This new tool can be especially important for resource-strapped startups, which often have difficulty with the tax process even with the help of an...

Quick Reads
H&R Block Mobile Banking Platform Sees Deposits Nearly Quadruple YoY

February 06, 2024
H&R Block’s mobile banking platform has nearly quadrupled its customer deposits over the past year. Since its launch in January 2022, in cumulative results as of Dec. 31, 2023, the app, Spruce, has garnered $456 million in customer deposits, the company said in a slide presentation released Tuesday (Feb. 6) in conjunction with its quarterly earnings call. That […]

Bitcoin Daily: IRS Eyes Hiring Contractors To Help With Crypto Taxes; Phemex Exchange To Launch...

May 13, 2020
The IRS is seeking to have contractors assist in auditing digital currency tax returns, according to a post on CryptoTrader.Tax‘s website. The agency reportedly wrote in an email sent to...

TurboTax Rolls Out Free Tool For Faster Stimulus Payments

April 05, 2020
Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. There are...

Stripe Launches Tool To Help Founders File Tax Returns In Minutes

January 10, 2018
Stripe has announced an addition to its Stripe Atlas toolkit that will help founders file their corporate tax returns in minutes. This new tool can be especially important for resource-strapped...