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
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The Government Can Take Your Tax Refund
Posted by srpatterson3 (#1) 2330 days ago (http://filingtaxes.info)The Latest TurboTax Merger Has Strings Attached Affecting Tax Consumers
Posted by srpatterson3 (#1) 2344 days ago (http://2017taxes.org)
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
The Benefits Of Turbotax Premier 2016
Posted by srpatterson3 (#1) 2617 days ago (http://2016taxes.org)
Manually performing all the calculations needed to file taxes can be very difficult. Computer software like TurboTax Premier 2016 can make this much easier.The post The Benefits Of Turbotax Premier 2016 appeared first on 2016 Taxes to 2017 Taxes.
The EITC Not Always Claimed for 2011 Taxes
Posted by srpatterson3 (#1) 3304 days ago (http://2011tax.org)
You would have been given a refund had you filed your 2011 tax return, but you never did. The IRS is holding onto $1 billion in unclaimed funds that will become the property of the federal government if tax filers don’t claim the funds before the end of the tax filing period. Over 1 million houses failed to file and are owed the money.Tax payers have three years to file a return and claim f
The Tax Preparation Wars Have Begun
Posted by srpatterson3 (#1) 3338 days ago (http://2012taxes.org)
TurboTax Continues on With Its Own SuperBowl AdIntuit is the maker of Turbo Tax, a leading tax-preparation software. During the Superbowl, they aired their advertisement with no mention of the recent squabbles with furious customers over their software.Rather than address the problem, Intuit chose to simply state the benefits of their program, which was being able to file both state and federal t
The Sharing Economy Can Make You Money
Posted by srpatterson3 (#1) 3507 days ago (http://2011taxes.org)
Taxation of this Sharing Economy:The Internet, along with its rising social media, has created some very new opportunities for people to earn extra cash. This ‘sharing economy’ theme is defined as this – Putting up some unused resource either for sale or for rent (like a skill, parked vehicle, or empty room). This might seem a bit minor at first, but according to one statistic,
The Rising Demand For TurboTax Software
Posted by srpatterson3 (#1) 3569 days ago (http://2009taxes.org)
030511 (Photo credit: DennisSylvesterHurd)TurboTax Software Demand Increases Intuit ProfitIntuit Incorporated announced a twenty percent rise in quarterly profits, as demand for their TurboTax Software grows. However,the firm appeared to show a loss on it’s fourth-quarter profit income and profit outlook. Intuit states it expects an overall loss of ten to twelve cents a share on an estimate
The U.S. Corporate Tax Rate
Posted by srpatterson3 (#1) 3604 days ago (http://2008taxes.org)
Is the U.S. Corporate Tax Rate the Highest in the World?There is a popular belief that the current corporate tax rate in the country is very high, and a reduction of the prevailing rate will stimulate investments which will have a wide range of positive effects on the economy. Those who support this theory are referring to the current rate which stands at 39.1% (the highest in the industrialized
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