The TurboTax Blog

Recent Grad? Here’s Four Reasons to Start Saving Now Rather Than Later

May 25, 2019 / Jim Wang

Congratulations on your graduation! If you recently graduated, whether it’s from college or high school, there are some important decisions ahead of you. Many of these decisions don’t necessarily have right or wrong answers, so it’s OK if you’re not...

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Self-Employed

7 Tax Deductions for Wedding Planners

May 24, 2019 / Jim Wang

Are you a wedding planner? Wedding planners are in a unique business, which means you’ll have business expenses specific to the work you do which can lower your taxable income. Below we’ve shared seven tax deductions you don’t want to...

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Income and Investments

Living on Your Own for the First Time? Here’s How to Save Money

May 20, 2019 May 21, 2019 / Elle Martinez

Many college students are graduating this month. If that includes you, congrats! You may be excited about this next chapter and starting your career. Let me offer a few tips on setting your finances up for success and key ways...

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Tax Refunds

How to Use Your Tax Refund to Boost Your Retirement Savings

May 17, 2019 May 20, 2019 / Ginita Wall, CPA, CFP®

What could you do with over $3,000 in your pocket? A lot, right? Well, if your tax refund is anything like the average direct deposit tax refund last year, you could be expecting a little over $3,000 for your tax...

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Self-Employed

Self-Employed Tax Tips & Summer Jobs

May 16, 2019 / Ginita Wall, CPA, CFP®

Ah, summer – the time of year when several young adults become entrepreneurs. Whether it’s a summer job or a part-time gig, by the time high school and college roll around, many young adults can be considered self-employed. If that’s...

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Income and Investments

Five Tips to Enjoy and Save This Mother’s Day

May 9, 2019 May 10, 2019 / Jim Wang

Did you know that Mother’s Day was first celebrated in 1908? There were always various celebrations of mothers, but the first recognized holiday became official after a three-year campaign by social activist Anna Jarvis. While the spirit of the celebration...

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Tax Reform

How Does Tax Reform Impact My ABLE & 529 Plan Accounts?

May 6, 2019 May 8, 2019 / TurboTaxBlogTeam

If you are disabled, and your disability occurred before you were 26 years old, you may be familiar with ABLE accounts that have been around since 2014. ABLE accounts allow people with disabilities and their families to save up to...

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Tax Planning

Happy National Fitness Day: Stay Fit and Save Money with These 5 Tips

May 4, 2019 May 6, 2019 / Elle Martinez

I’m so happy the weather has been warming up! After a cold winter and a pretty bad start to spring with high pollen counts, I’ve been indoors more than I’d like to be. Now that the temperatures are consistently pleasant,...

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Income and Investments

5 Ways to Save This Cinco De Mayo

May 4, 2019 May 6, 2019 / Elle Martinez

Getting together this weekend to celebrate Cinco De Mayo? While you may be tempted to go out and spend money on the festivities, you can make this weekend a financially smart one by getting everyone together at your place. Whether...

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TurboTax News

Intuit TurboTax Commitment to Free Tax Preparation

May 2, 2019 May 6, 2019 / TurboTaxBlogTeam

Recently, some have accused Intuit of deceptive practices designed to discourage consumers from filing their taxes for free. These accusations are simply not true. We believe our actions were both appropriate and consistent with our core operating value — integrity...

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