We are so thrilled to announce TurboTax Live Full Service, a new offering that will transform tax preparation for taxpayers this season. TurboTax Live Full Service allows you to virtually connect to a dedicated, live tax expert who will prepare...
Some believe that you can deduct contributions to any organization you want. Others insist that you can deduct the value of time spent volunteering. In fact, both of these ideas are wrong. Here’s the a quick guide to charitable deductions.
If you plan to donate to a charity before year-end, you may be wondering how your donation affects your charitable contribution deduction. Here’s the scoop! Don’t be fooled by scammers — especially in the wake of all of the charitable...
‘Tis the season to think about how you can give to family, friends, and charities, but you also have to think about how to safeguard your financial information from those who may not be as charitable. This year, there’s a...
As we enter the season of giving, you may see a lot of stores and companies giving back to the community, especially with so many people facing difficult times. Some may donate a portion of sales to a charity, and others...
Under tax reform, you can no longer claim the dependent exemption — which was $4,050 for tax year 2017 — but you still need to know who qualifies as your dependent for other tax benefits like the Child Tax Credit...
Even with good insurance and a low deductible, no one truly enjoys paying medical bills. One bright side to big bills is the opportunity to claim your medical expenses as a deduction on your tax return, as long as your...
This content is for the first coronavirus relief package, The Coronavirus Aid, Relief and Economic Security Act (The CARES Act), which was signed into law in March 2020. For information on the Coronavirus Response and Relief Supplemental Appropriations Act of...
When you have small changes in income, such as a reduction in hours or a raise, it’s not hard to adjust your financial goals. Small incremental changes are easy to handle. But what if you have a big change? What...
Our mission to power prosperity around the world is fueled by our values, and it all starts by caring and giving back. That is why we proudly support US military members, veterans and their families in their communities, overseas, and...