Tax Break: The TurboTax Blog » turbotaxjen

Cooking vs. Dining Out [INFOGRAPHIC]

turbotaxjen — Thu, 09 May 2013 19:56:54 +0000

Everyone is looking for ways to save money and with Americans becoming more budget conscious, about 71% find themselves saving money by cooking at home instead of dining out. This infographic takes a look at how often Americans go out vs staying home to cook and how dining habits of Americans are different by generation as well as gender.

Infographic by Column Five Media

Embed the above image on your site using the code below:<a href="<a href="http://images.blog.turbotax.intuit.com/swf/TurboTax-Cooking-vs-Dining-Out.png">http://images.blog.turbotax.intuit.com/swf/TurboTax-Cooking-vs-Dining-Out.png"> src="<a href="http://images.blog.turbotax.intuit.com/swf/TurboTax-Cooking-vs-Dining-Out.png&quot" rel="nofollow" target="_blank">http://images.blog.turbotax.intuit.com/swf/TurboTax-Cooking-vs-Dining-Out.png&quot</a>; alt="Cooking-vs-Dining-Out" title="Cooking-vs-Dining-Out" width="580" height="2000" class="alignnone size-full wp-image-8428" /></a> Free Tax Filing, Efile Taxes, Income Tax Returns - <a href="<a href="http://www.turbotax.com">TurboTax.com</a&gt" rel="nofollow" target="_blank">http://www.turbotax.com">TurboTax.com</a&gt</a>;

Tax Season is Over: How Will You Spend Your Refund? [INFOGRAPHIC]

turbotaxjen — Mon, 06 May 2013 23:58:09 +0000

Most people would consider the tax refund the best part of tax season and with almost 75% of tax payers getting tax refunds this year, we’re taking a look at how Americans will spend their refund. While some would opt to save their refund for a rainy day, about 56% of tax payers plan to use some of this year’s tax refund to shop. Let’s take a look at the breakdown of top items on shoppers’ lists.

Infographic by Column Five Media

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Twitter on Taxes [INFOGRAPHIC]

turbotaxjen — Thu, 25 Apr 2013 06:33:51 +0000

Now that tax season has officially come to a close, let’s take a look on how the topic of taxes trended on Twitter whether people were talking about this year’s tax refunds or the overall filing process.

Infographic by Column 5 Media

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The Growth of Online Filing [INFOGRAPHIC]

turbotaxjen — Sat, 13 Apr 2013 17:35:57 +0000

With less than 3 days to file your tax return by the April 15 deadline, there is no wonder more and more Americans are turning to tax software as their preferred method of tax preparation. This infographic takes a looks at the break down of how americans are preparing their taxes this year and the rate at which online tax filing is growing every year since 2008.

Infographic by Column 5 Media

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TurboTax Top 10 Procrastinating Cities [INFOGRAPHIC]

turbotaxjen — Thu, 11 Apr 2013 22:18:32 +0000

Have you filed your taxes yet? Well if you haven’t, you aren’t alone! Here are some tips to help you make the dreaded April 15th tax deadline:

File Online – With no more time to waste, online tax preparation and e-filing are the ways to go instead of waiting for an appointment at the tax store.
E-file with Direct Deposit for a Faster Refund - E-file with direct deposit is the fastest way taxpayers can get their refunds.
Find Last-Minute Deductions – Some few tax-saving moves to remember are making an IRA Contribution and deducting your charitable contributions.
Get Free Expert Answers – TurboTax has certified CPAs, EAs, and Tax Attorneys available to answer taxpayers’ last minute tax questions for free.
Extend the Deadline - Taxpayers that aren’t going to make the deadline need to file a tax extension, free with TurboTax. And remember: An extension to file isn’t an extension to pay. Taxes owed are still due April 15.

In honor of all you tax procrastinators out there, here is the TurboTax annual list of the Top 10 Tax Procrastinating Cities.

Infographic by Column 5 Media

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College Capital- FAFSA Aid and You [INFOGRAPHIC]

turbotaxjen — Fri, 29 Mar 2013 21:58:40 +0000

With the average payment for college tuition being at about $20,902, no wondering families and students are looking forward to this time of year to apply for FAFSA assistance before the deadline. Our infographic looks at FAFSA state deadlines and ways that FAFSA aid is helping students across America pay for college.

Embed the above image on your site using the code below:<a href="<a href="http://images.blog.turbotax.intuit.com/swf/TurboTax-FAFSAinfographic.png">http://images.blog.turbotax.intuit.com/swf/TurboTax-FAFSAinfographic.png"> src="<a href="http://images.blog.turbotax.intuit.com/swf/TurboTax-FAFSAinfographic.png&quot" rel="nofollow" target="_blank">http://images.blog.turbotax.intuit.com/swf/TurboTax-FAFSAinfographic.png&quot</a>; alt="TurboTax-FAFSAinfographic" title="TurboTax-FAFSAinfographic" width="580" height="2068" class="alignnone size-full wp-image-8428" /></a> Free Tax Filing, Efile Taxes, Income Tax Returns - <a href="<a href="http://www.turbotax.com">TurboTax.com</a&gt" rel="nofollow" target="_blank">http://www.turbotax.com">TurboTax.com</a&gt</a>;

5 money saving tips for Valentine’s Day

turbotaxjen — Thu, 14 Feb 2013 17:27:58 +0000

To help you through Valentine’s Day without breaking the bank, here are five tips to make your Valentine’s Day special without the price tag– now that’s a real gift!

1. Make a Gift-giving Budget and Stick to it. As a couple, you should set expectations to how much you each will spend on gifts for one another. Whether you want to splurge on your sweetie or show how much you care with a DIY gift, make sure to set a budget and expectations so there’s no disappointment come Valentines day.

2. Give from the Heart and Hearth. Happy memories come these special times, not from spending a lot of money on this day. Bake cookies, knit a scarf or make a personalized scrapbook. A handmade gift or baked goods tells your significant other you invested time (not to mention love) in the gift – and that makes it priceless!

3. Gift Wisely. You are spending your hard-earned cash, so be sure that your honey is getting something they value. Instead of giving flowers and chocolates, try giving something they could use like a piece of technology or something they’ve wanted. They’ll surely love that more than the calories from the sweets they normally receive.

4. Dine In. This may be the national day for spending a fortune on a fancy dinner out on the town, but you shouldn’t shy away from staying home with your Valentine. They’ll not only appreciate a home cooked meal, but you can also save quite a bit by preparing dinner yourself.

5. Donate to a Cause – and don’t forget the tax break! Make a donation to a charity close to your Valentine’s heart. Not only will it be a meaningful gift, you’ll also get a quick tax deduction to boot.