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How to maintain security when filing taxes electronicallyMillions of U.S. taxpayers have used electronic software applications like TuboTax.com to e-file their taxes, many doing so from the home desktops. Roughly six percent more consumers are using this method of submitting tax forms, than the numbers who did so in 2012.Though e-filing is convenient and easy, it can create a risk to the taxpayer
The first thing to consider when filing your taxes with a new baby is your tax status. If you were single before and now support the household, you should file Head of Household instead. The tax brackets are better and the standard deduction is increased for this tax filing status.An old Social Security card with the “not for identification” message (Photo credit: Wikipedia)Consider i
Taxpayers are filing their taxes early this year to avoid having an identity thief file their return before they do. But what is surprising some is that the government keeps their tax refund and uses it to pay down their student loan debt when they are in default. Called the Treasury Offset Program, the Department of Education is able to take Social Security payments and tax refunds and apply the
Taxes are surely one of the most complicated pieces of federal and state documentation that needs to be disclosed during the year. Both individuals, if you’re self-employed, and small businesses can find unwelcome surprises, rises and charges that they didn’t expect at the end of the year. Such a thing does indeed happen often, because … Continue reading "H&R Block Tax Soft
Recently, TurboTax agreed to collaborate with Earnest to assist students with student loan savings.  The idea sounds promising.  Besides, the merger promises to promote Earnest’s refinancing tools and to suggest a rate tailored to their tax return.  However, the merger proves more problematic than seamless.  Does it really benefit tax filers? The deal comes into … Continue reading "Th
Bill Cobb, CEO of H&R Block shared on Tuesday that he likes the tax reform plans that President Donald Trump has devised, and the proposed replacement initiated by Republicans for the Affordable Care Act. Cobb spoke after the first half of tax season results for H&R Block were reported. Trump proposes to lower individual and … Continue reading "H&R Block And The Impact Of Tax R
Photo by Philip Taylor PT Most of us don’t enjoy filing our taxes, and like it even less if we have to pay to file them. The good news is that you may be among the 70 percent of US taxpayers eligible to file your taxes for free. Always check the requirements for eligibility and remember that some free filing options are only available through the IRS website.One of the most popular tax soft
Photo by Consumerist Dot Com Simplifying the complicated nature of tax returns:Undoubtedly, taxes are a complex piece of state and federal paperwork that has to be completed over the course of the year. People who work for themselves, and smaller businesses, often discover nasty surprises, increases and fees that they did not anticipate by the year’s end. These things are a fairly common oc

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