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Traverse City Tax Preparation expert Frank Ellis has recently written an informative article on how to use all the features of the popular and innovative TurboTax software. In particular, he talks about how to move important information from the previous year’s income tax return to the current year’s return to be filed with the Internal Revenue Service. Also in the article, Frank El
If you didn’t win the Powerball, don’t let it get you down. H&R Block is giving away loads of cash during its H&R Block Giveaway. The lotteries will start on Saturday and continue for the next 32 consecutive days. This giveaway is being called a huge historical sweepstake. The company’s chief marketing officer, Kathy Collins, thinks that it might be the biggest one in hi
The year 2015 is finally here and my family has created some big savings goals. We plan to increase our income while cutting back on frivolous expenses. If you would like to save money this year than you may be interested in our money saving tips. 1) Carefully review your health insurance, tax information and retirement benefits. This year make sure that you have the best health plan possible a
By now, most people have received their tax forms and financial documents. This means that taxpayers are ready to get their tax returns completed and filed. The final step for most people involves choosing a tax preparation software, like Turbo Tax or H&R Block. For this year, that decision is a little bit more difficult. Companies have added new features this time around. For instance, Tur
Researchers have unveiled an ignorance on the part of the American public: a full 48 percent of people in the United States do not know that they must report their health insurance status on their 2014 federal income tax returns. The tax-filing season is soon on its way, and most Americans 18 and over do not realize that health care and income taxes are connected. This information was uncovered
My last post included twelve ways to save during major life events, and this new post continues with eleven more ways to save at tax time. Like using TurboTax 2015. Divorce 1. Your spouse may have business dealings that effect your tax status, and you should get a copy of any pertinent business tax returns before your divorce becomes final. 2. Consider using a free TurboTax version to be sure y
Taxpayers Warned: Watch Out for Fake TurboTax Online Emails If you received an email telling you that TurboTax Online is no longer available, they you received a scam email. Similar scams tell you your account has been deactivated due to inactivity, or suggest your refund money is being rejected by your bank. These kinds of phishing scams are posted on the Online Security Center at Intuit. Phishi
When it is time to use TurboTax For This Year to complete your taxes, you may want to consider a few tips that can save you money in the coming year. Planning early in the year makes it easier to reach your financial goals by the end of the year. Since you are already running the numbers with Turbo Tax 2014, you have records that can show you where to make cuts for the next year.Review Your W-4Ch
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