TurboTax Raises Millions For The MilitaryThis year Intuit, the parent company of TurboTax, raised two million dollars through its Mission 2 Match fundraiser. With this program, TurboTax offered people the opportunity to pledge money for Operation Homefront, an organization that provides emergency financial help and other support to military families.As of April 15, 2013, individual donations amou
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TurboTax Raises Millions For The Military
Posted by admin (#1) 4 days ago (http://2013taxes.org)
The Marketplace Fairness Act
Posted by admin (#1) 4 days ago (http://2012tax.org)
The Marketplace Fairness ActOne of the many perks of online shopping, the lack of online sales tax, may soon be a thing of the past as the Marketplace Fairness Act, an official Senate Bill, is on its way to the House of Representatives. As of 1992, online retailers have only been required to collect sales tax from consumers that live in the state where the online store has a “physical prese
TurboTax Reaches Goal To Help US Troops
Posted by admin (#1) 4 days ago (http://2012taxes.org)
TurboTax Reaches Goal To Help US TroopsIntuit TurboTax recently announced that they have exceeded their $2 million goal to support US troops. This campaign was launched in part with Mission2Match and Operation Homefront and raised over $1 million from direct donations alone. The money will be used to support U.S. troops and their families.Operation Homefront is a countrywide non-profit associat
IRS Apologizes To Conservative Groups
Posted by admin (#1) 4 days ago (http://2011taxes.org)
IRS Apologizes To Conservative GroupsThe Internal Revenue Service apologized to conservative groups for targeting them inappropriately. Around the time of the 2012 election, the IRS flagged many conservative organizations to verify their tax status to see if they were an exempt organization.Initially, it was thought that only groups with “patriot” or “tea party” in their
TurboTax Sees Glitch, #Fails On Twitter
Posted by admin (#1) 4 days ago (http://2010tax.org)
TurboTax Sees Glitch, #Fails On TwitterFiling taxes is a stressful task no matter how anyone puts it, and if anything goes wrong during the filing, it becomes a nightmare. That is what exactly happened last month when TurboTax users faced a glitch as the deadline to file federal tax returns loomed.The service run by Intuit was unavailable for approximately an hour for some users during evening, w
TurboTax Survives Twitter Panic
Posted by admin (#1) 4 days ago (http://2009taxes.org)
TurboTax Survives Twitter PanicThe 2013 tax season was fraught with unprecedented problems caused by government budget fights and IRS delays in updating forms. In addition, some major tax preparation firms, most notably H&R Block, caused problems for taxpayers claiming education credits by not properly updating their own software, delaying some clients’ returns by weeks. TurboTax mana
How Your Kids Can Boost Your IRS Refund
Posted by admin (#1) 11 days ago (http://2014taxes.org)
IRS RefundA considerable amount of tax can greatly help with your tax return upon declaring your legal dependent. Not only will it boost your own exemption but it can also make you eligible for other tax benefits. You can certainly avail of the child tax credit once you have claimed a legal dependent. Keep in mind that the IRS has restrictions or standard qualifications as to whom you can claim a
What do you do when there is an invalid charged-off debt?
Posted by admin (#1) 18 days ago (http://2014taxes.org)
What do you do when there is an invalid charged-off debt?It’s nothing new to hear or see a dispute between the tax payers and the IRS. Of course, there are quite a few reasons behind the disputes, but most commonly these disputes involve examination and/or collection issues and also the different interpretations of tax law. The IRS reporting a charged-off account on the credit report also proves
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