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Same-Sex Couples Can File 2012 Tax Returns as Single Before September 16

September 14, 2013 / TurboTaxLisa

Under the new law, on or after Monday, September 16, legally married same-sex couples must now file their taxes as married filing separate or married filing jointly so if you haven’t filed your 2012 tax return yet, you still have a choice to file as married or single before September 16.

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IRS Announcement: Same-Sex Couples Recognized as Married for Federal Tax Purposes

August 29, 2013 September 5, 2013 / TurboTaxLisa

As a result of the recent U.S. Supreme Court decision to strike down part of the Defense of Marriage Act (DOMA) on June 26, the U.S. Treasury Department and the IRS announced today that same-sex couples legally married in states that recognize same sex marriage, will be treated as married for federal tax purposes.

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DOMA Struck Down: What Does This Mean for Your Taxes?

June 27, 2013 August 19, 2016 / TurboTaxLisa

On Wednesday the Supreme Court overturned the Defense of Marriage Act (DOMA). Same-sex couples who are legally married will now be recognized by the federal government, meaning it will be easier to file their taxes among many other things.

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6 Taxes You May Not Know You’re Paying

May 13, 2013 / Ginita Wall, CPA, CFP®

Tax season is over and you may not think about taxes until it’s time to file next season, but did you know there are myriad of other taxes that are not just on your tax return? Most of us don’t think about that, but those taxes may tap into our wallets nonetheless. Here are just a few.

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IRS Offers Penalty Relief to Storm Victims Unable to File by the Tax Deadline

April 17, 2013 / TurboTaxLisa

Tornados, high winds, and baseball-sized hail wreaked havoc on the South and Midwest last week and over the weekend. The IRS announced that it will provide penalty relief to taxpayers impacted by the storms who were not able to file or pay taxes due until after the April 15th tax deadline.

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IRS Announces Tax Deadline Extension for Boston-Area Taxpayers

April 16, 2013 / TurboTaxBlogTeam

In the wake of the tragic bombings that occurred in Boston on Monday, April 15, the IRS announced today a three-month tax filing and payment extension to provide relief to Boston-area taxpayers and others affected by Monday’s explosions.

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A Century of Income Taxes: The History of Tax Day [Infographic]

April 9, 2013 / TurboTaxBlogTeam

The April 15th tax deadline is just days away and tax procrastinators are scrambling to make the tax deadline. No need to worry. With today’s modern technology you can go online and e-file your tax return at 11:59 on April 15th, but what was tax day like a century ago and how did the IRS come up with the April 15th tax deadline? Our infographic takes a look at a hundred years of taxes and the history of tax day.

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All Grown Up: The Cost of Raising a Child [Infographic]

April 2, 2013

Parents who are lucky enough to bring a new bundle of joy into the world can expect to spend between $200,000 and $500,000 before their child even makes it to college. Whew! Don’t forget to take advantage of tax breaks for your children when you file your taxes. Our infographic breaks down the different expenses involved with raising a child and looks at the total costs from birth to age 17.

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Nicotine Nation: Which States Import the Most Cigarettes Illegally [Infographic]

March 15, 2013 September 7, 2017

With the variation in state cigarette taxes across the United States, incentives to smuggle cigarettes into high tax states is on the rise. Our infographic looks at the variations of state cigarette taxes and the top illegal importing states.

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How the American Taxpayer Relief Act May Help Your Tax Rate [Interactive]

March 6, 2013

The dust has settled and the American Taxpayer Relief Act 2012 was signed into law on January 2, 2013 helping Americans save more of their hard-earned money through the extension of the lower tax rates for people making less than $400,000 per year filing single and $450,000 for those filing jointly. Our interactive looks at how the new tax law may save you money on your 2013 paychecks.

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