Taxes, Software | featured news

Software glitch delays 660,000 tax refunds

The Internal Revenue Service says 660,000 taxpayers will have their refunds delayed by up to six weeks because of a problem with the software they used to file their tax returns.

 

Microsoft, HP skirted taxes via offshore units: Senate panel

Microsoft

Technology giants Microsoft Corp and Hewlett-Packard Co used offshore units to shield billions of dollars from U.S. taxes by taking advantage of loopholes and stretching the limits of the tax code, a U.S. Senate panel said on Thursday.

 

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