Happy National Thrift Store Day! Non-profit thrift stores like Goodwill and The Salvation Army operate exclusively from donations of people in their community just like you. Most people usually think about donating clothes, but there are many more items stores...
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The tax benefits of home equity lines of credit, or HELOCs, are very similar to that of first mortgages. Yet there are differences in regard to the use of the proceeds that come from a HELOC. It’s important to know...
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Taking the family along on a business trip this summer? Learn how to save on your taxes and take the tax deductions you’re entitled to on your working vacation. It’s tricky to mix, but with the right mindset and careful...
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Happy National Dog Day! Today is a special day to celebrate our beloved four-legged furry friends. They can be great companions, show kids some responsibility (well sometimes), and great watchdogs, but man’s best friend can be very expensive. We often...
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The most popular New Year’s Resolution is losing weight, eating healthier and hitting the gym. Many of us make this resolution year after year (excuse me while my fingers leave the keyboard so I can raise my hand). Getting healthier...
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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,...
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Veterans Day was originally called Armistice Day, and it commemorated the end of fighting in World War I. Rechristened Veterans Day in 1954, it is now the day we honor American veterans of all wars. Because of the extraordinary contributions military...
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Your home can save you money this summer. Find out how.
Many of you may know about dependent and education related deductions, but there may be a few deductions out there that may surprise you. Let’s take a look at some of the most bizarre tax deductions and see how many...
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It is increasingly common for adult children to take care of their elderly parents. When such support begins to become both financial and significant, many wonder whether a tax break might be available to help offset some of the expenses. Here are some of the key considerations to determine if you can claim your parent as a dependent.
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