There are several advantages of going to college. One of the more immediate financial benefits actually involves your taxes. Did you know that there are plenty of tax credits and deductions that can help you lower your taxable income? I want to share some of the biggest ones available right now when you prepare your taxes before the tax deadline. Full story
With the average payment for college tuition being at about $20,902, no wondering families and… Full story
Colorful eggs are a sure sign that Easter is approaching and that the tax deadline… Full story
Intuit TurboTax created a health care calculator to help you find out if you’re eligible for health insurance through a state or federal Marketplace, Medicaid, or Medicare or if you’re already set with your existing health insurance plan. It will also let you know, if you qualify for a tax credit or subsidy from the government to help you purchase your health insurance. Check it out to learn how health care reform impacts you so that you can make the best decisions for your health and your wallet. Full story
Investing has never been easier than today with all the options available for people to really use their savings to achieve the dreams and the goals for the future. No savings to become a smart investor? Consider your tax refund to start investing in the stock market like a professional.
For that time in a person’s life when he or she begins to take care of their parent, its important to know that the IRS allows those individuals to claim their parents as dependents on their tax return. Full story
To share some important last-minute tips to help you file your taxes within a short period of time, financial expert and TurboTax spokesperson Mike Periu will be hosting a live tweetchat in Spanish on Thursday, April 4 at 9 – 10 p.m. EST / 6 – 7 p.m. PST. Full story
Doing your taxes may not be the way you want to spend an afternoon. You may think a lot of paperwork is required, but as a new tax filer you probably don’t even have very much paperwork and you could prepare your taxes quickly. For those first time filers, I have four tax tips to put your mind at ease. Full story
It’s spring and that means it’s a great time to clean out the basement, attic, closets, and garage and save some money on your 2013 tax return at the same time. There are many charitable organizations that you can donate items to help those in need and take a deduction on your tax return if you itemize. If you did spring cleaning in 2012 you can also take advantage of this tax benefit and save on your 2012 taxes. Let’s look at the types of items you might like to donate.
March marks the countdown to the tax deadline and the long-awaited March Madness office pools. While employers complain that they lose money during the NCAA tournament, employees score on their office pool winnings. Our March Madness infographic looks at how March Madness activities really impact employee productivity and morale and reminds you of the tax implications of your winnings. Full story