Today, Congress came to an agreement to end the government shutdown and temporarily raise the debt limit until January. Now thousands of government workers will be returning to work, including IRS personnel. Here is a breakdown of what it means to your taxes. Full story
Last night Congress passed a bill to reopen the government and extend the debt ceiling through February 7, now thousands of government employees, including IRS personnel will be returning to work. We don’t have IRS guidance regarding IRS operations yet, but we are closely monitoring for guidance and will let you know as soon as we find out. Full story
Autumn is upon us, and if you chose to file a tax extension this year, October 15 is your target date…your zero hour…your deadline. Your six-month grace period is coming to an end. We’ve compiled a short list of last-minute tax tips for you extension filers needing to get your returns filed with the IRS by October 15th. Full story
With football season in full swing, fantasy football as well as other sports gambling has… Full story
The final extension deadline is just days away, October 15, but you still have plenty of time to meet the tax deadline and avoid a late-filing penalty if you file online and follow these 6 tips Full story
You filed for a tax extension and bought yourself a bit of time. The clock’s been ticking and the October 15th tax deadline is approaching. Hopefully, you’ve spent this time gathering your documents. Today, we’ll discuss the tax deductions that you may not be thinking about. Full story
The government shutdown that took place on October 1 left everyone with questions about how the shutdown will impact them. If you are one of the many taxpayers that filed an extension, you may be wondering if the shutdown impacts your taxes. Don’t worry. We have you covered and have answers to your burning questions. Full story
A key component of the Affordable Care Act or Obamacare goes into effect today with the opening of the online Health Insurance Marketplace.
Lately you may be hearing buzz about health care reform, Affordable Care Act, or Obamacare on the news. Not sure what this new health care law is or if it changes anything for you and your family? Don’t worry, TurboTax has you covered.
Here are the facts straight from our experts. Full story
Ana Rosales is a 38- year-old mother of three who is uninsured. To help Rosales and 50 million other uninsured Americans facing important health care decisions, TurboTax has created TurboTax AnswerXchange. 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