TurboTax Unveils TaxCaster for Windows® Phone 7
SAN DIEGO – Oct. 28, 2010 – TurboTax® maker Intuit Inc. (Nasdaq: INTU) announced today… Full story
Articles from: October 2010
TaxCaster Mobile App for Windows Phone 7 Arrives November 8!
TurboTax today unveiled TaxCaster, our first app for Windows Phone 7 (WP7), at Microsoft’s annual Professional Developers Conference. TaxCaster provides a quick tax estimate so you can get a good idea if you will owe money or – hopefully – get a nice big tax refund. You can enter exact amounts or estimates to see what your fate will be come April 15. Full story
How Will Proposed Tax Legislation Affect You?
Congress can decide to extend former President Bush’s tax cuts, follow the changes proposed by President Obama, or let the tax cuts expire without any action. The question is who will pay more taxes? Full story
Make Sure You Utilize Your 401(k) in 2011
If you’re like many employed Americans, you probably have a 401(k) plan. Everybody knows they… Full story
10 Ways Build Your Finances with Your Tax Refunds
As tax season is coming up, many people are anticipating receiving a tax refund. Last year, the average tax refund was $3,036. Many folks might not be thinking about it quite yet, but with the busy holidays fast-approaching, before you know it, you’ll be wondering what the best way to use that chunk of change is. Full story
25 Million Additional Taxpayers May Face the Dreaded AMT
In 1969 when the Alternative Minimum Tax was first implemented, it guaranteed that millionaires and high-income individuals who paid little to no income tax would have to pay a minimum amount of taxes. Over the years the number of individuals who fell into this category has grown, along with the total revenue. Different measures have been taken through the years, such as The Tax Reform Act of 1986 which eliminated the partial exclusion of capital gains, reducing overall revenue at the time, but helping individual taxpayers. With 2011 on the horizon, the potential number of additional AMT taxpayers will increase to 25 million, if the current legislation is not extended. The question is, should you fear the AMT? Full story
What do late breaking tax changes mean for you and your family?
Bob Meighan, our go-to tax guy, breaks down what the late breaking tax changes are and how they could affect you in an interview with ABC News NOW. Full story
What Does the Top 1% of Taxpayers Really Pay For?
The top 1% of tax payers in the U.S. may be an exclusive bunch, but their income tax contributions alone represent 40% of the federal total. What follows is a breakdown of where their tax dollars are going, as well as some related items their money could be used to purchase. Full story
Potential Tax Law Changes
The Bush tax cuts that are set to expire at the end of this year are in a state of flux. However, regardless of the decisions Congress makes on the cuts, it’s important to understand the potential tax changes you may face. Full story
Roth IRA Re-characterization
That’s one heck of a tongue twister, isn’t it? As difficult as it may be to say three times fast, it’s actually much easier to think of a Roth IRA re-characterization as a “do over.” A re-characterization lets you undo a conversion you made earlier in the year. Full story
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