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YOUR MONEY-The IRS might be closed, but your taxes are still due [Reuters (UK)]

H&R Block, Inc. (HRB) 
Last h&r block, inc. earnings: 3/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: en.wikipedia.org/wiki/h
Company Research Source: Reuters
YOUR MONEY: The IRS might be closed, but your taxes are still due | Reuters 4 Min Read NEW YORK (Reuters) - The U.S. Internal Revenue Services is closed, thanks to the government shutdown, but your taxes are still due on April 15 and that is why individuals need to proceed through tax season as if nothing is amiss, experts say. The opening day of e-filing traditionally occurs during the third week in January. This year, however, there is still a lot of unfinished business because of the Tax Cuts and Jobs Act of 2017. One of the most complex changes in the legislation is how to calculate income for self-employed individuals or those with partnerships. Filers need to figure out something called qualified business income and run an algorithm for a new 20 percent deduction on this income, which has a lot of phase-outs and special qualifications. It is “way more complicated than first blush would make it seem,” said tax preparer David Tolleth in Holmdel, New Jersey. When Tolleth looks at 2 Show less Read more
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