ItsDeductible | The TurboTax Blog

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

December 28, 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 about the other part? Some...

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Tax Planning

10 Easy End of Year Tax Tips to Increase Your Tax Refund

November 1, 2019 December 6, 2019 / TurboTaxLisa

The article below is up to date based on the latest tax laws. It is accurate for your 2019 taxes (filed in 2020). It’s hard to believe that we are in the last quarter of the year! With 2019 coming...

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Tax Deductions and Credits

Breast Cancer Awareness Month: Donations and Tax Deductions

October 3, 2019 / Elle Martinez

October is Breast Cancer Awareness month. Breast cancer is the most common cancer among women in America, so getting involved in the effort to fight breast cancer can have a tremendous impact. You can help the community by teaching others...

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Tax Planning

The Tax Deadline is Approaching. TurboTax Shares 8 Things You Need to Know to File on Time!

April 10, 2019 July 18, 2019 / TurboTaxKasey

Many individuals will be working to gather paperwork over the next few days to complete taxes. The April 15th tax deadline seems to sneak up quickly every year. As we near the finish line of tax season, here are a...

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Tax Deductions and Credits

No Fooling Us: 5 Tax Benefits to Boost Your Tax Refund

April 1, 2019 July 18, 2019 / Jim Wang

The article below is accurate for your 2018 taxes (the one that you file this year by the April 15th, 2019 deadline). Tax season is almost over and you might be wondering if there’s anything else to help you out...

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Tax Deductions and Credits

Treat Your Single Self With These Tax Benefits

February 15, 2019 July 18, 2019 / Elle Martinez

Now that we’re in the heat of tax season, have you started filing your taxes yet? We managed to get my husband’s W-2 in the mail along with some 1099s, so I spent last weekend entering them into TurboTax (love how...

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Tax Refunds

Three Tips to Help Maximize Your Tax Refund

January 9, 2019 July 18, 2019 / TurboTaxBlogTeam

We know that the best part of tax season is receiving your tax refund (and being able to spend it on whatever you may want or need)! In the 2017 tax year alone, the IRS issued more than 100 million...

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Tax Planning

New Year, New Tax Implications

January 7, 2019 July 18, 2019 / Ginita Wall, CPA, CFP®

Happy New Year! It’s a brand new year and the majority of the new tax provisions that were signed into law in December 2017 take effect for the tax year 2018 (the taxes you are filing now). This year, you may...

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Tax Reform

Can I Get a Tax Break for Supporting My Alma Mater’s Football Team?

September 12, 2018 March 5, 2020 / Jim Wang

Previously, if you made a donation to a university that gave you the right to buy tickets to a sporting event, sometimes known as personal seat licenses (PSL), you could deduct 80% of that donation from your taxes. If you...

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Tax Planning

3 Things You Can Do in Under an Hour to Save at Tax Time

December 23, 2017 / Ginita Wall, CPA, CFP®

The holidays are almost here, and I know you are busy baking cookies (and eating them!), decorating and shopping for just the right gifts for your friends and family. If you want to do something nice for yourself, take a...

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