Tag Archives: tax

TurboTax Raises Millions For The Military

TurboTax Raises Millions For The Military

This 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.

TurboTax Raises Millions For The Military

US Navy 061127-N-5459S-019 Personnel Specialist 3rd Class Yahaira Pou helps her niece Alexia design and create a personal Christmas stocking during Operation Christmas at the Army National Guard Armory (Photo credit: Wikipedia)

As of April 15, 2013, individual donations amounted to over one million dollars, which Intuit has matched, resulting in a two million dollar gift to Operation Homefront.  This amount is still rising, however, since the Mission 2 Match fundraising continues. Currently donations can still be made at , so the final total may be much greater than the current balance.

This effort to support US troops has resulted in donations of money, food, home repairs, household items, baby supplies, and transitional housing to families of American military members, relieving some of the pressure on US patriots serving around the world.  Our military personnel cannot fully function if they know their families are lacking basic necessities, so Operation Homefront tries to fulfill these needs.

The success of Mission 2 Match was twofold: It raised millions for military families, and it created great press for Intuit and TurboTax.  Considering the success of this program, Intuit will probably continue it for the foreseeable future, which will benefit both the company and military families.

TurboTax has been highly successful in its effort to support US troops while involving their clients and potential clients in this fundraising endeavor. Commerce and patriotism do not always mix, but, in this case, TurboTax has successfully combined the two in the 2013 Mission 2 Match program.

Estimate Your Tax Refund With The Free TurboTax Taxcaster

Estimate Your Tax Refund With The Free TurboTax Taxcaster

Tax time is drawing near and like most other Americans, you need to file and prepare your taxes to avoid penalties and late fees from the Internal Revenue Service. Fortunately, there are free tax preparation tools and software programs that can help you get the job done easily, correctly and quickly. Free TurboTax 2013 is a terrific tool you can use to prepare and file your taxes, but since there are several versions available you might be confused about which one is best for your tax situation. The tax professionals at TurboTax have designed a new product that can help you determine which software program is right for you and as an added bonus, it is completely free and very simple to use.

TurboTax Social Tax Filing

TurboTax Social Tax Filing (Photo credit: John Swords)

To determine which tax preparation software from TurboTax is right for you, all you have to do is download the free TurboTax Taxcaster app onto your iphone, ipad or android smart phone or tablet. This easy to use, free app will ask you a few questions about your income and deductions then it will instantly calculate your refund while you watch it add up. Finding out how much you are getting back is easy with the Taxcaster app. In just a few minutes, you can get an estimate on your taxes before you file your tax return. This is extremely helpful because you can adjust your withholdings so you have higher take home income, or you can plan so you have to pay less in taxes. Taxcaster is also helpful because it can help you determine if you want to file your taxes right away so you get your refund money quickly or whether you want to hold off on filing your return until the end of tax season if you owe money and need to save up to pay Uncle Sam. While Taxcaster does not prepare and file your return, it does give you an accurate idea of what your tax situation is so you can make an informed decision on filing and preparation, it will even suggest the right TurboTax software to use to maximize your return or minimize your tax payment.

Taxes can often cause stress and anxiety for people because they do not know what to expect. Take the stress and anxiety of the unknown out of the equation by using Taxcaster to see what is in store for you and your taxes. Download the free Taxcaster app and get a clear idea of where you stand. Taxes are never fun, but with free TurboTax 2013 and Taxcaster app at least they are easy, straightforward and clear. Download the Taxcaster app today and see how easy it can be to understand your tax situation and make your filing decisions accordingly.

Innovations For Turbo Tax

Innovations For Turbo Tax 2013

Professional accounting can help business owners save time and resources, and the Turbo Tax 2013 CPA Select edition by Intuit may be the ideal solution for tax filing season. Small businesses and tax filers needing a modest amount of assistance may benefit from this innovative online service, and the potential financial savings may be apparent quickly. Connecting with certified public accountants, tax attorneys, and federally authorized tax practitioners may be easier than ever with this Turbo Tax 2013 edition, and the CPA Select 2013 program may eliminate the logistics and stress that may be associated with proper tax filing.

Tax Preparation

Tax Preparation (Photo credit: agrilifetoday)

Many consumers are familiar with the helpful QuickBooks software offered by Intuit, and their latest tax service offering is in keeping with the ease of use that is characteristic of many Intuit consumer products and services. CPA Select 2013 is designed to be a straightforward approach to finding useful online tax filing assistance, and the Turbo Tax website provides easy steps for connecting with local CPAs and other tax experts. You can register your exact geographic location once you log on, and you can browse and update your location as needed or select a CPA from the list that is provided.

Working online with your chosen CPA eliminates the need to make a trip to an accounting office to get your tax preparation started, and uploading your document file may be completed in numerous ways. You can upload directly onto the secure server, by smartphone, or by using a fax machine. You may keep in contact with your CPA by telephone or email, and downloading your completed tax return can be done and paid for online as well. Your tax representative will notify you when your tax return has been accepted by the Internal Revenue Service, and you will receive timely notification regarding your refund status as well.

Navigating tax codes may be challenging for new business tax filers and individuals with unique tax filing needs, and experienced business owners may not know all of the deductions that they may be entitled to as tax laws change each year. The Turbo Tax CPA Select edition for 2013 may be appropriate for anyone who does freelance work or independent contracting, and self-employed individuals may discover previously unknown tax deductions from working with online tax professionals. Knowing whether you need to file a 1099 or Schedule C may be difficult to determine on your own, but your CPA will help you file correctly and on time. Saving as much money as possible may be crucial for small businesses, and this tax filing solution may save money and time. Free and affordable options from Turbo Tax 2013 can eliminate your worries about missing out on deductions and successfully filing your taxes.

Majority Of Americans Against Cheating On Taxes

Majority Of Americans Against Cheating On 2013 Taxes

Each year as tax time rolls around we are forced to take a hard look at our financial records and situations.  Some of us are happy at this time of year as we know we will be receiving a refund from the Internal Revenue Service.  Others are not as happy as they know they will owe the IRS money.  With the IRS only auditing a mere one percent of all individual tax returns each year, it can be tempting to cheat on your taxes in an effort to not owe as much money to the federal government or to receive more money back.

Cheating On 2013 Taxes

Tax (Photo credit: 401(K) 2013)

If your own ethics and morals do not stop you from cheating on your tax return, perhaps a little peer pressure will.  A recent random telephone poll conducted by the IRS Oversight board shows that 87 percent of American adults feel that is it never okay to cheat on your taxes.  Most respondents felt that personal integrity was their number one reason for being honest and not cheating on their taxes.  Only 11 percent of respondents felt it was okay to cheat a little bit or sometimes on 2013 taxes.  As the same tax laws apply to all Americans, most Americans feel we all need to play by the rules.

Even if you intentionally choose not to cheat on your 2013 taxes, sometimes errors and omissions do occur.  Sometimes the unintentional errors and omissions benefit you, and sometimes they benefit the IRS.  Using a tax program, such as TurboTax, on your 2013 taxes can maximize the accuracy of your tax return.  Computer tax programs that you can use in the convenience of your own home and on your own time schedule are less expensive and more convenient than hiring an accountant to do your taxes.  Computer tax programs like TurboTax walk you through everything you need to know and consider when doing your 2013 taxes.  Using TurboTax can potentially even help increase the amount of your tax refund.  Increasing the accuracy of your tax return can also reduce the chances that you will be audited.

TurboTax Military Edition – The right support for junior military personnel

TurboTax Military Edition

If you’re working in the military, then it’s quite obvious that you’d expect some breaks given how hard you work. You know best of all how difficult life can get when choosing military service. The kind of sacrifices you make for the country and that too after leaving your families behind is anything but easy. It’s indeed a tough life and as a token gesture for this immense duty you’re doing to the nation and its citizens TurboTax has announced a very special TurboTax Military Edition.

This particular Turbo Tax Military Edition has been specifically designed for junior military personnel. It’s special because now all servicemen and women who rank between E-1 to E-5 shall now be able to file their taxes for free including through the extensions. This well extends to the middle of October, 2013. Moreover, those officers who happen to rank between E-6 to E-10 can also go ahead and file for a reduced fee.

  • The foundation of TurboTax and its coming into existence

It’s not just like that that the TurboTax Military Edition came into existence. This particular edition was created by active military personnel and their spouses. These are retired personnel who’re reserved in nature but haven’t failed to identify the tax debt related problems faced by junior military personnel. These problems aren’t always easy to tackle and definitely not welcome to people who’re doing all they can for the nation.

  • The tax debt related problems faced and its solutions

There can be a bizarre number of tax problems which can soon amount to debt. Now, with the national economic scenario as it is, it’d definitely not be an encouraging situation to see the military personnel of the country neck deep in tax debt. Moreover, piling up on tax debt can destabilize any one any day and as military personnel stability at the financial end is more than just required. There are quite a few probable solutions when you rack up tax debt, be it debt settlement or an Offer in Compromise or a payment extension plan. You could also opt for installments. However, all this hassle can be easily avoided now that the TurboTax Military Edition is here.

  • The TurboTax Military Edition helps you avoid tax problems

With the TurboTax Military Edition you actually get access to programs that can walk you through military-related tax issues and situations. These include uniform deductions and PCS, state of residence, and more. Most importantly, this particular program effectively distinguishes between combat pay and basic pay.

  • The manner in which TurboTax generally works

You might be a tad confused about how exactly the TurboTax program works. It’s really easy. In fact, it’s said to work like an interview wherein you begin by answering easy questions and then you go on to fill the right tax forms and that too behind the scene. It depends on what you answer for it’ll reveal which are the deductions and credits you actually need. Most importantly, you’ll get thorough guidance and step by step instructions that’ll help you through your taxes. You’ll also be readily informed about every deduction and credit that applies to you.