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Tax Collections Tick Up As Treasury Ledgers Elevate Cash Balance
Thursday, April 17, 2025 - 3:26pm | 293The U.S. Treasury’s cash balance sharply increased during 2025’s tax season as collections rose from the previous year’s season. What Happened: The Treasury’s cash balance rose by $185 billion on Tuesday, the U.S. deadline to file tax returns for the previous year, according...
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Tax Refunds Tick Up In 2025: Synchrony Financial, CapitalOne Affected
Tuesday, March 18, 2025 - 2:12pm | 413As tax season kicks into high gear, one analyst noted an increase in tax refunds that could leave taxpayers with more cash as they head into spring. Bank of America analyst Mihir Bhatia analyzed consumer finances as we move into the final weeks of tax season. Bhatia noted a continued increase in...
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Which Stocks Are Poised To Benefit From Tax Preparation Demand?
Thursday, March 16, 2023 - 12:58pm | 415As the tax deadline of April 18 approaches, the tax preparation industry is experiencing a surge in demand for its services and software solutions. Benzinga identified several key players in the tax sector that could potentially benefit from the heightened activity during tax season. Intuit...
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This Critical Stock Strategy Can Save You Thousands In Taxes — But You Need To Do It By Dec. 30
Monday, December 19, 2022 - 11:32am | 853With 2022 coming to an end, everyone’s preparing for the upcoming tax season and looking for ways to reduce tax liabilities. For those invested in stocks and bonds, “tax selling” might be a viable strategy, but like any tax strategy, certain caveats must be taken...
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What Is Tax Lot Allocation And Why Could Retail Traders Be 'Making A Very Expensive Mistake'?
Wednesday, April 21, 2021 - 9:40am | 580Americans have until May 17 to file their 2020 taxes after the tax deadline was bumped back to provide more financial flexibility for taxpayers struggling through the pandemic. Unfortunately, many retail traders may end up paying far more in capital gains taxes than they need to this tax season....
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U.S. Crypto Tax Overview for 2021
Tuesday, March 9, 2021 - 9:28am | 960The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Crypto tax season is just around the corner and the IRS is back on the prowl. For many in the crypto-space 2020 has been a year of plenty...
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H&R Block To Offer New Detroit Pick-Up Tax Service
Saturday, June 13, 2020 - 2:35pm | 272H&R Block, Inc. (NYSE: HRB) formally announced the launch of a new pick-up service in Detroit, ahead of the July 15 filing deadline, providing clients tax expertise and support at home. What Happened? As of May 29, the IRS reported 133.8 million federal income tax returns...
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Tax Filing And Extension Changes For 2020: What You Need To Know
Thursday, March 26, 2020 - 1:29pm | 1308For many filers, tax time can be a chore—poring through confusing forms and sometimes getting stuck in paperwork limbo. Missing data, a complex situation, or lingering hopes that you can sneak in one more deduction might have you wondering whether you can get everything done before the...
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Morgan Stanley Drops Bearish Intuit Stance, Points To Tax Season Catalysts
Monday, February 4, 2019 - 11:50am | 417Morgan Stanley's bearish stance on Intuit Inc. (NASDAQ: INTU), which dates to September 2016, is no longer justifiable ahead of multiple catalysts that should result in more durable revenue growth, in the sell-side firm's view. The Analyst Analyst Keith Weiss upgraded Intuit from...
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Expecting A Tax Refund? Investing It Could Pay Off
Friday, March 9, 2018 - 12:17pm | 481Personal finance experts agree that you should minimize your tax refund each year. They say that if you don't, you're basically giving the government a free loan. For some individuals who claim large tax credits, this isn't always possible. If you’re a low-income earner, may...
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Why It May Be Getting Easier To Cheat On Your Taxes
Monday, March 20, 2017 - 8:39am | 503With President Donald Trump's administration having released its federal budget proposal last week, the rest of the country is similarly occupied arranging their own finances as tax season is now well underway. The Internal Revenue Service may not be prepared for what either the president or...
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Best Tax Season Play: Intuit's Turbo Tax Vs. HR Block Vs. Liberty Tax
Thursday, February 9, 2017 - 3:30pm | 318The holiday shopping season may be the biggest time of year for retailers, but tax season is critical for tax services companies H & R Block Inc (NYSE: HRB), Intuit Inc. (NASDAQ: INTU) and Liberty Tax Inc (NASDAQ: TAX). Here’s a look at how all three stocks stack up ahead of this year...
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Was This Year's Tax Season A Success? Investors Won't Know For A While
Wednesday, April 13, 2016 - 1:55pm | 343This year’s tax filing season is drawing to a close, but it may be another few months before Liberty Tax Inc (NASDAQ: TAX), Intuit Inc. (NASDAQ: INTU) and H & R Block Inc (NYSE: HRB) investors know exactly how much of a success this year’s tax season was. The majority of the tax...
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37 Discounts, Deals And Freebies To Help Make Tax Day Less Taxing
Wednesday, April 15, 2015 - 7:45am | 1641Businesses around the nation are rallying to ease the pain of Tax Season 2015 by offering timely discounts and freebies. While not all locations participate in these special deals, it is worth checking out your local shops. The savings can be phenomenal, and freebies are always a blast....
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RBC Previews Intuit's Consumer Tax Season
Monday, April 13, 2015 - 1:05pm | 340Intuit Inc. (NASDAQ: INTU) is scheduled to report tax season results around April 24. In a recent report, RBC Capital Markets analysts Ross MacMillan and Matthew Hedberg provide a preview for the company’s consumer tax business, which they expect to be in-line with their expectations....