The TurboTax Blog • Income and Investments

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

May 20, 2019 July 24, 2019 / Elle Martinez

If you’re a recent college graduate, 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 to save money while also...

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Income and Investments

Five Tips to Enjoy and Save This Mother’s Day

May 9, 2019 July 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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Income and Investments

5 Ways to Save This Cinco De Mayo

May 4, 2019 July 10, 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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Income and Investments

Top Tips On How to Save for Vacation

May 1, 2019 July 8, 2019 / Elle Martinez

Summer is the perfect time to plan ahead and find fun ways to stretch your travel budget. We’ve actually been doing that ourselves, both for business and for vacations. We recently bought a house, so we’re sticking with a debt-free...

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401K, IRA, Stocks

What Does an IPO Mean for Employee Taxes?

March 29, 2019 April 1, 2019 / TurboTaxBlogTeam

As you’ve probably seen, there’s a wave of tech companies with hotly anticipated Initial Public Offering (IPO) announcements expected this year which could have the effect of creating thousands of millionaires overnight and countless more who’ll see their financial situation...

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Income and Investments

How Much Your March Madness Bracket Will Cost You at Tax Time

March 15, 2019 March 18, 2019 / Jim Wang

Last year, ESPN estimated that March Madness bets would total to the whopping amount of about $10 billion. That’s real money, and real money comes with real tax implications. How much your March Madness bracket will cost you at tax...

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Income and Investments

Here’s How Gambling on College and Professional Sports Affects Your Taxes

January 23, 2019 / Jim Wang

Every year, I join a fantasy football league with my friends and every year, I lose. So for me, unfortunately, my limited sports gambling has no impact on my taxes. But if you frequently place bets on sporting events, and...

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Income and Investments

Live Your Best Life With These 5 Financial New Year’s Resolutions

January 1, 2019 July 18, 2019 / Elle Martinez

Many people are making resolutions for what they want to accomplish for the upcoming year. Part of the resolution making process involves the excitement of new beginnings and the desire to tackle some big dreams…but what’s the other part? Some people...

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Income and Investments

The Federal Interest Rate is Up, How Will This Impact Me?

December 20, 2018 January 9, 2019 / Jim Wang

About every six weeks, the presidents of each Federal Reserve Bank meet to discuss the economy and any policy changes. Known as the Federal Open Market Committee, these presidents will often decide whether or not to increase, decrease, or maintain...

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Income and Investments

How to Protect Your Credit During the Holiday Season

December 19, 2018 July 24, 2019 / Elle Martinez

What are your plans this holiday season? Doing any last-minute shopping or heading out of town? Last year, it was estimated that about 100 million Americans traveled during the holiday season! And while it’s wonderful to visit friends and family, it’s...

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