General Tax Tips

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4 Key Things You Need to Know About the New 2020 IRS Form W-4 for Employee Withholding

May 6, 2020 July 27, 2020 / TurboTaxLisa

You may or may not have heard that the IRS launched a newly redesigned Form W-4 used to adjust federal tax withholding, which is effective starting with the tax year 2020 (the taxes you file in 2021). The IRS created...

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Tax Tips

The Tax Implications of Having a Nanny or Housekeeper

May 1, 2020 June 4, 2020 / Elle Martinez

For many couples, juggling time with the family along with work obligations means something has got to give. A solution that some families have found to be a wonderful arrangement is hiring a nanny or housekeeper. Having a capable professional...

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Tax Planning

TurboTax Answers Most Commonly Asked Tax Questions

April 27, 2020 / TurboTaxBlogTeam

Although the federal tax deadline was recently extended from April 15 to July 15, 2020, about 75% of taxpayers have already filed their federal taxes according to IRS statistics for the period ended April 17. As taxpayers continue to file...

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Tax Planning

2019 Health Savings Account (HSA) Contribution Deadline and Your Taxes: What You Need to Know

April 20, 2020 / TurboTaxBlogTeam

Do you have questions about how Coronavirus Relief impacts your Health Savings Account? We have answers for you! With this year’s changes to tax deadlines due to the Coronavirus relief bill (CARES Act), you have time to consider how to...

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Tax News

Stimulus Check Phishing Scams: TurboTax Tips to Prevent Identity Theft

April 9, 2020 / TurboTaxBlogTeam

With each refund season often comes phishing season. This year, with 80% of Americans expected to receive stimulus checks as part of the Coronavirus Aid, Relief and Economic Security Act (CARES) Act — a $2 trillion stimulus package that provides...

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Tax Tips

Is My State Tax Refund Taxable and Why?

March 12, 2020 March 13, 2020 / TurboTaxBlogTeam

For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a...

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Tax Planning

Taxes Done? Find Out Which Tax Records You Should Keep

February 21, 2020 April 9, 2020 / Philip Taylor

The tax deadline will be here before you know it! Once you’ve finished filing and before you throw all of your tax documents up in the air to celebrate the occasion, we need to discuss just how long you should...

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Family

Can You Claim a Parent as a Dependent?

February 18, 2020 February 20, 2020 / Philip Taylor

For that time in a person’s life when he or she begins to take care of their parent, its important to know that the IRS allows those individuals to claim their parents as dependents on their tax return.

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Tax Deductions and Credits

All The Single Ladies…Put Your Tax Deductions Up!

February 10, 2020 March 24, 2020 / Elle Martinez

If you’re single, you may be hanging out with your lady crew for Galentine’s Day. It’s a day that’s literally leaped from TV to real life, but it can also be a great time to celebrate some financial wins together...

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Taxes 101

First Time Taxpayers: Your Go-to Guide For Filing Your Taxes

January 31, 2020 February 3, 2020 / TurboTaxBlogTeam

Picture this: you have an awesome job and are making your very own money (maybe for the first time) and all is well…and then BAM! January comes, your employer sends you a W-2 form and suddenly you are thrust into...

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The tax deadline was 7/15. If you haven’t filed yet, don’t worry we can help.

4 Key Things You Need to Know About the New 2020 IRS Form W-4 for Employee Withholding

The Tax Implications of Having a Nanny or Housekeeper

TurboTax Answers Most Commonly Asked Tax Questions

2019 Health Savings Account (HSA) Contribution Deadline and Your Taxes: What You Need to Know

Stimulus Check Phishing Scams: TurboTax Tips to Prevent Identity Theft

Is My State Tax Refund Taxable and Why?

Taxes Done? Find Out Which Tax Records You Should Keep

Can You Claim a Parent as a Dependent?

All The Single Ladies…Put Your Tax Deductions Up!

First Time Taxpayers: Your Go-to Guide For Filing Your Taxes

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The tax deadline was 7/15. If you haven’t filed yet, don’t worry we can help.

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