taxes

Read Cult of Mac’s latest posts on taxes:

Digitize your tax docs (and everything else) with this top iPhone scanning app

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Save time and space with this on-the-go scanning app for a low price.
Scan all your tax documents with the easy-to-use iScanner app.
Photo: Cult of Mac Deals

When it comes time to deal with tax season, the amount of required documents can quickly become overwhelming. You could always attempt to collect and protect paper printouts like some kind of hoarder. But the smart move in this modern era is to digitize all your documents with an iPhone scanning app.

With all your documents scanned, you will benefit from a major shortcut when filing taxes. And you can streamline the scanning process by picking up a discounted lifetime subscription to the highly rated iScanner app. Normally priced at $199, you can get this iPhone app for only $31.99 with code ENJOY20 for a limited time.

Get finance hacks that will aid you this tax season and beyond for just $29.99

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Get finance hacks that will help you this and every tax season for $29.99.
Conquer your taxes with this $29.99 personal finance master class.
Photo: Cult of Mac Deals

If there’s one good thing about tax season, it’s the renewed focus it brings to our finances. Every April, we get a good hard look at the money we brought in last year — and how we made the most of it (or didn’t).

Here’s an idea: Instead of stressing about it all at once, why not make this the last year that the IRS gives you a wake-up call? All it takes is a little financial education, and that’s exactly what you’ll get in the 9-Course Guide to Recession-Proofing Your Finances.

Get ready for tax season 2023 with this $19.99 bundle

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Get ready for tax season 2023 with this $19.99 bundle.
Complicated taxes? Figure out how deductions and credits work in this $20 bundle.
Photo: Cult of Mac Deals

Tax season is here, and it’s totally normal if you’re stressing about what that means for your finances. Whether you’re filing with dependents for the first time, trying to get education tax credits, figuring out what’s actually deductible, or planning for your retirement, there’s a lot to consider.

But you don’t have to figure it all out on your own. The Ultimate Guide to Taxes Bundle is a comprehensive set of courses that could give you the knowledge to make this the best tax season yet. And it’s only $19.99 until March 2 at 11:59 p.m. PST.

Avoid PDF-related frustrations while filing taxes by saving big on PDF Expert

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Avoid PDF-related frustrations while filing taxes by saving big on PDF Expert.
PDF Expert will help streamline your tax preparation process for just $69.99.
Photo: Cult of Mac Deals

When it comes to quickly saving, sharing and editing documents, PDFs are a daily staple for many. Routinely necessary for professional and educational purposes, they’re also a crucial way to streamline the tax preparation process each year.

PDF Expert is a smart resource for Mac users who want to eliminate unnecessary frustrations caused by file compatibility problems. And a lifetime license is currently available for only $69.99 (regularly $139).

Get 3 years of AI-powered tax help with this $49 app

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Get 3 years of AI-powered tax help for under $50 with this app.
Hack your taxes with the power of AI thanks to this $49 app.
Photo: Cult of Mac Deals

T.S. Eliot had it right: April really is the cruelest month, especially if you’re a freelancer, small business owner or independent contractor. That April 15 tax deadline means you’re either scraping together proof for all your deductions, or paying an accountant to shave a few extra dollars off what you owe.

Being your own boss certainly has its benefits, but the time you spend jumping through IRS hoops is not one of them. Luckily, it was only a matter of time before app developers brought the power of AI to ease the problem of taxes — and FlyFin is a compelling solution that’s tailor-made for the self-employed.

Apple won’t join French initiative to push tech giants to pay more tax

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iPhone 12 Pro parts cost shockingly little
Should Apple pay more tax than it does?
Photo: Cult of Mac

Apple has reportedly declined to sign on to a new French initiative that asks big tech companies to commit to paying their “fair share” of tax.

French President Emmanuel Macron has set up a “Tech for Good Call” that will seek to implement these changes. However, while Google, Microsoft, Facebook and 72 other companies have joined, Apple and Amazon haven’t signed on yet.

Tim Cook talks WWDC secrets, taxes, and how the iPhone could help people change the world

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Tim Cook talks to John Dickerson
Tim Cook's interview aired the day before WWDC.
Photo: CBS

Tim Cook talked taxes, WWDC secrets, and how the iPhone can play a small, but important role in changing the world for the better in an interview aired over the weekend on CBS Sunday Morning.

“I’m full of secrets and it’s hard not to overflow right now,” Cook said. “But I’ve been trained well.” On other topics, however, he was a lot more open.

European Commission could get even tougher on tech in 2020

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European Commission could get even tougher on tech in 2020
Tech giants might be in trouble next year.
Illustration: Ste Smith/Cult of Mac

The European Commission famously handed Apple a massive $14.5 billion bill in 2016. But from the sound of things it’s only going to get tougher with Silicon Valley’s biggest tech giants.

According to a new report, EU antitrust regulators are “considering taking a tougher line” against companies. This could affect the likes of Facebook, Amazon, Apple and Google.

Tech giants accused of dodging $100 billion in taxes over past decade

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International governments plan to rethink tax rules for the ‘digital age’
Report looked at Facebook, Apple, Amazon, Netflix, Google and Microsoft.
Photo: Pixabay/Pexels CC

Tech giants, including Apple, have avoided more than $100 billion in taxes over the past decade, a report claims.

British organization Fair Tax Mark looked at the 10-K filings of Facebook, Apple, Amazon, Netflix, Google and Microsoft between 2010 and 2019. On its website, Fair Tax Mark notes that tax “helps to fund vital public goods and services and when paid fairly, it ensures a level playing field for businesses large and small.”

G20 countries want to close tax loopholes for tech titans

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money
Apple is one of the tech giants which shift profits to reduce tax payments.
Photo: Ste Smith/Cult of Mac

A group of G20 finance ministers met over the weekend to discuss closing loopholes used by tech giants to reduce their corporate taxes.

The hope is that common rules across would stop companies like Apple booking their profits in low-tax countries, such as Ireland. This is currently done regardless of where end customers may be located.

Get the help of a CPA and make filing taxes easier with Visor [Deals]

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Visor offers a new way to do your taxes, using a convenient app to connect with expert advisors.
Visor offers a new way to do your taxes, using a convenient app to connect with expert advisors.
Photo: Cult of Mac Deals

The average American spends about 13 hours each year dealing with taxes. That’s a lot of work to get money you’ve already earned. For years the options were either fork over money to a tax advisor, or grind through the DIY process. A new app-based solution called Visor offers a third way.

France’s president wants to tax U.S. tech giants an extra $792 million

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Apple takes a hacksaw to estimated trade-in values for its devices
Funds could help pay some of the emergency funds Macron recently announced.
Photo: Pictures of Money/Flickr CC

Beleaguered French president Emmanuel Macron is hoping to win back public favor by putting in place tax hikes on American tech giants doing business in Europe.

France has reportedly been working with other countries in the European Union to introduce a digital tax on companies including Apple, Amazon, Facebook, and Google. The new taxes, set to be introduced in January, could pull in $792 million.

Germany’s finance minister wants tech giants to pay higher taxes

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What’s it like to have your startup bought by Apple? Stressful
The EU has long been pushing tech companies to pay more in taxes.
Photo: Ste Smith/Cult of Mac

In an op-ed for a German newspaper, Germany’s finance minister Olaf Scholz proposes a global minimum rate of corporation tax as one way to ensure that multinational corporations like Apple pay domestic taxes in line with the profits that they earn.

The European Union (EU) has long been attempting to get tech giants to stop using complex accounting tricks to shuffle profits around to minimize the amount that they pay in each country.

Apple downplays asset value in pursuit of tax rebate

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Apple Park
Apple has beef with the folks calculating its asset value.
Photo: Matthew Roberts/Maverick Imagery

Apple plays down its financial milestones these days, and there’s a good reason for that: tax.

According to a new report, Apple is one of a few companies which are “particularly aggressive” in downplaying the value of the property they own for tax purposes. Specifically, Apple thinks it’s been overtaxed on the buildings, land, lab equipment, and other expenses — and it wants to reclaim millions of dollars as a result.

Apple lists good deeds to avoid Cupertino ‘head tax’

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Apple Park Close up
Apple has long been based in Cupertino, where Steve Jobs grew up.
Photo: Apple

Apple is the reason why most non-locals know the name Cupertino. Just in case free international advertising wasn’t enough, however, the company just sent a letter to the Cupertino City Council, outlining all the nice things Apple does to benefit its hometown.

Although it doesn’t mention it, the letter conveniently arrives on the eve of a discussion on whether to impose a “head tax” on Apple employees in the area.

Cupertino postpones vote on ‘head tax’ on Apple employees

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Apple leases new offices near to Apple Park
Cupertino decided to not raise additional taxes this year on employees working at Apple Park.
Photo: Duncan Sinfield

Cupertino’s city government decided to ask voters next year whether it should charge businesses a tax on every worker. Apple is the city’s largest employer, so most of the cost would have fallen on the iPhone maker.

The original plan, while vague, was to use the additional revenue to create more affordable housing options and improve Cupertino’s transit system.

What to expect from Apple’s first earnings call of 2018

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Earnings call
Apple's Q1 2020 earnings report will probably break some records.
Photo: Jim Merithew/Cult of Mac

The first big Apple earnings report for 2018 is nearly here. And, based on analysts’ expectations, it will likely be Apple’s biggest moneymaking quarter ever.

After weeks of waiting, investors will finally get their first look at how well the iPhone X is selling. Apple’s holiday sales probably hit historic levels. But with recent reports that Apple slashed iPhone X orders in half, there could be quite a few surprises in store.

As usual, Cult of Mac will be here to liveblog all the action as it transpires on Thursday, February 1, at 2 p.m. Pacific. Get ready to watch for these six things during the call:

How Apple’s going to spend its massive fortune, this week on The CultCast

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CultCast Tim Cook money
Apple's bringing home its massive fortune.
Photo: Business Insider

This week on a very spicy edition of The CultCast: Tim Cook is thrilled with the new U.S. tax overhaul, and has some exciting plans to spend Apple’s massive fortune. Plus: Forget other smart speakers — we’ll tell you why we’re now even more excited for HomePod. And stick around for our favorite movies, shows and sausages in an all-new, very weird “What We’re Into!”

Our thanks to Squarespace for supporting this episode. It’s simple to accept Apple Pay and sell your wares with your very own Squarespace.com website. Enter offer code CultCast at checkout to get 10% off any hosting plan.

Leaked documents reveal Apple’s newest tax haven

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Apple is made of money.
Apple's tax practices save it billions of dollars.
Photo: Ste Smith/Cult of Mac


Dodging taxes is still one of Apple’s top priorities.

The iPhone-maker has come under serious fire in both the U.S. and internationally for its tax practices, but according to a new batch of leaked documents, the company is still doing everything it can to avoid paying the full amount.

Apple’s new Irish data center gets support from 300+ person rally

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Ireland
A mock up of Apple's proposed data center in Ireland.
Photo: Apple

Over the weekend, more than 300 people in Ireland staged a rally in support of Apple’s proposed 850 million ($960 million) euro data center in Athenry, County Galway.

The new data center was officially given the go-ahead over two years ago, although construction on it has been delayed by continuing legal issues. If built, the data center will help power Apple Music, the App Store, iMessages, Maps and Siri — while providing plenty of jobs to locals.

Europe sues Ireland over unpaid Apple taxes

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What’s it like to have your startup bought by Apple? Stressful
The E.C. is continuing its battle with Silicon Valley.
Photo: Ste Smith/Cult of Mac

The European Commission is continuing its battle with Silicon Valley tech giants by taking Ireland to court, demanding that it reclaim a $17.6 billion tax payment it is owed by Apple.

In addition, it is demanding that Amazon pay it 250 million euros ($294 million) on the grounds that is has enjoyed an illegal “sweetheart deal” in Luxembourg.

Tim Cook gets ready to stare down EU over giant tax bill

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Tim Cook takes home $125 million for Apple’s best year since 2009
The only three things that are for sure: death, taxes, and thinner iPhones.
Photo: Jim Merithew/Cult of Mac

So far, most of Apple’s wrangles concerning its European tax issues has been carried out by the company’s accountants and legal team.

That could change in 2017, however, when none other than Tim Cook has been requested to attend a meeting in Dublin, Ireland, alongside the EU competition commissioner Margrethe Vestager.

Majority of Irish voters want government to oppose Apple’s giant tax bill

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money
Irish people are backing Apple.
Photo: Ste Smith/Cult of Mac

A new poll suggests a majority of Irish voters support the Irish government in opposing Apple’s enormous $14.52 billion tax bill for unpaid back taxes in the Republic of Ireland.

47 percent of respondents said they agreed the Irish government was right to back Apple, compared to 39 percent who say it’s wrong to do so, and 14 percent who had no opinion on the subject.