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...
On December 22, 2017 the biggest piece of tax legislation in about three decades was passed. One of the biggest changes to the new law nearly doubles the standard deduction and eliminates or limits a number of common itemized deductions...
When a business brings in revenue, not every penny is taxed. Businesses are allowed to deduct their expenses from their income. It seems only fair considering there are costs to doing business and it would be unreasonable not to consider...
We’re kicking off a brand new series on the blog that is all about you. Or, more specifically, all about your tax questions. Each month, visit the TurboTax Blog to learn about a different trending question from the TurboTax AnswerXchange,...
Each year the IRS makes changes to tax rates and increases various tax benefits due to inflation adjustments. By law these tax
provisions must be adjusted to keep pace with inflation. Here are some of the tax adjustments for 2013 that may help you keep more money in your pocket when you file your taxes next tax season.
When filing your taxes, how do you choose which deduction to take? The standard deduction or itemized deductions? TurboTax software solves these questions for you by choosing the option that gives you the biggest tax refund. Find out more about standard deductions vs. itemized deductions here.
Throughout history the IRS continues to give us a little break on our taxes by adjusting the standard deduction and personal exemption each year for inflation. See how these deductions have increased throughout the years with our infographic comparison.
Every year you’re faced with one important tax question: should you itemize or just use the standard tax deduction? For some people this is an easy question, but for others who may be thinking about the difference for the first time, it can be a little confusing and intimidating.
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... 
