During the holidays an estimated 75 percent of Americans donate to charity, but many don’t realize they can turn their generosity into tax savings. To help taxpayers, Intuit TurboTax created the new TurboTax ItsDeductible mobile app for iPhone. Full story
We would like to wish you and yours a Happy and safe Thanksgiving! Take this… Full story
Just as it’s easy to overeat during the holidays, it’s easy to overspend, especially if you buy on credit. To help you through the holiday rush and keep your spirits bright, here are seven tips to make the most of your money, and save on your taxes to boot – now there’s a real gift! Full story
Got family? Then you might have tax deductions as well. For each dependent you can claim, you can deduct $3,900 from your federal taxable income, which is likely to reduce your taxes. Full story
Just when you thought Black Friday and Cyber Monday couldn’t possibly get any bigger, marketers around the country are opening earlier, offering deeper discounts, and even streaming live video online. And what’s at stake? Your sanity and your wallet. Thankfully, there are ways to take advantage of Black Friday and Cyber Monday deals and still maintain a positive balance in your bank account.
Insurance companies offering plans that don’t meet Affordable Care Act minimum standards will be allowed to continue insuring individual customers on their plans for an additional year. The announcement, made on Nov. 14 by President Obama, provides a grace period for insurance plans and their customers. Full story
One of the worse natural disasters in history hit the Philippines last week. Whether you’ve been hit by a natural disaster or know someone hit by disaster our hearts go out to you or anyone you know faced with this difficult situation. We know that natural disasters may occur without any warning, but hopefully these tips offered by Michael Rubin will help you safeguard your records before they occur.
There are many wonderful reasons for buying gifts for your colleagues and business associates. There’s also one more incentive to make those gift purchases. All or part of the cost of your business gifts can actually become tax deductions. Here are the rules.
As we honor those who have served our country and continue to serve this Veteran’s Day, we would like to share money saving tax tips for our troops protecting our country.
The end of the year is quickly approaching and hopefully you’re expecting a bonus for all of your hard work this year. But just how are bonuses taxed? Check out our bonus calculator that answers one of our most frequently asked questions and find out how your end of year bonus will be taxed. Full story
The IRS officially opened for the 2014 tax season today and a common question asked… Full story
In a few days 2014 will be here and we are excited. With some big goals planned for this upcoming year, we’re doing a little bit of work now to ensure success. We’re taking some time to find ways to bump up our income and trim our family expenses. Full story
The IRS announced today that it will begin processing tax returns on 1/31/14. The good news for you? TurboTax is open for business and will begin accepting tax returns on January 2, 2014! Full story
Bonuses can change your tax situation depending how large the bonus and what methods employers use to tax the income. Find out how bonuses(supplemental income) are taxed. Full story