Between gasoline, packing materials, moving assistance, and insurance, the summertime moving costs can really add up. All of this might get you thinking, “Are any of my summer-time moving expenses tax deductible?”
It is increasingly common for adult children to take care of their elderly parents. When such support begins to become both financial and significant, many wonder whether a tax break might be available to help offset some of the expenses. Here are some of the key considerations to determine if you can claim your parent as a dependent.
The deadline to appeal property taxes is in September in many areas. With the decline in property values, it may be worth appealing your property tax value to make sure you are paying the correct property tax amount. You may be able to save money. Column Five’s, Josh Ritchie gives us details on how frequency of use of second properties may impact how you report property taxes.
Exciting News! TurboTax, the first to offer full tax preparation and e-filing directly from a mobile device, announced the latest tax apps to help taxpayers on their mobile devices. Find out more here.
Here’s the Download on the New TaxCaster Mobile Apps Just in time for end-of-year tax planning, TurboTax launched its free TaxCaster app available for iPhone, Android and for the first time, the iPad. Updated for tax year 2011, TaxCaster, is...
E-file – the secure and accurate electronic filing method to file tax returns established by the IRS some 25 years ago that is now utilized by as many as 99 million taxpayers – officially opened for business on Jan 14.
Each year, more and more taxpayers are choosing to e-file their tax returns. In the past decade, the number of individual tax returns filed electronically has increased by a whopping 145%. In fact, by 2005, the more than half of all U.S. taxpayers were e-filing; by 2010, this increased to 70%.