Tag: TurboTax

Intuit Offering Personalized Answers To Questions About The Affordable Care Act

Intuit Offering Personalized Answers To Questions

To provide assistance to the estimated 50,000,000 uninsured US citizens facing crucial healthcare decisions, Intuit Inc recently launched their TurboTax 2012 AnswerXchange. This is a unique social community that gives people customized, objective answers to their questions about Obamacare (i.e. the Affordable Care Act). This community is designed for people with no insurance, who want to know about the kind of healthcare cover available, and the cost of the Obamacare insurance exchanges.

Now, millions of people can use the TurboTax AnswerXchange, which is an impartial resource committed to helping citizens make informed decisions about … Read the rest

How An IRS Debt Relief Program Can Get Your Taxes Back On Track Again

IRS Debt Relief Program

The IRS is well known for pulling strong-arm tactics on those who do not pay their taxes, but to be honest, they do have a softer side for those who have a legitimate reason for being late with their payments. To make it easier for you the taxpayer, as well as the IRS, they have developed programs for you to use, to get your tax payments back on track again, and in their good books again, as it were.

Installment agreement is an IRS debt relief program aimed at those who owe a large amount of … Read the rest

Guidance For Personal Finance That Can Save These Days

Guidance For Personal Finance

Follow the tips that I have prepared for you and you will be able to fund projects you never thought you would be able to fund. And learning about finances is a great in many ways. Investing the right way and reducing your spending through a budget are all great talents to have today.

When you are saving for an emergency fund, aim for a minimum of 3 to six months worth of living expenses. This is not a large quantity, contemplate the difficulty in discovering new employment in the event you ever lose your job. … Read the rest

Microsoft May Owe Denmark A Billion Dollars

Microsoft May Owe Denmark A Billion Dollars

Throughout its known history, corporate America has not been unfamiliar with the concept of companies seeking to enhance their profits by saving on high taxes. The three giants of American IT – Google, Yahoo and Microsoft have faced the ire of several competitors and governments in their efforts to place billions of dollars in tax havens or through complex, layered acquisitions. Today, Microsoft finds itself in troubled waters with the taxation authority of Denmark who have levied a charge of over $1 billion on the technology giant in back taxes and fines.

The … Read the rest

The Discretion of the President to Plan Cuts Under Debate

The Discretion of the President to Plan Cuts Under Debate

President Barack Obama has been pretty vocal about the effect that automatic budget cuts are going to have. These warnings are getting increasingly ominous from the President and the Congressional Republicans are preparing to counter these warnings as far as possible. Basically the Congressional Republicans are looking to aid the administration with more flexibility and that too in instituting the 85 billion dollars worth of cuts. They believe and have said that this one proposal could actually serve the vital purpose of shielding the most important programs. This should be … Read the rest

How To Organize Your Tax Records

How To Organize Your Tax Records

Learning how to organize your tax records can save you stress and time when it is time to file your taxes.  Start the year with an organization system so you know where all of your records are when it is time to file your taxes.  If you aren’t sure what records you need, here is a general guide that is suitable for most people.

Income

Your employer will issue a W-2 with your income and tax information for the year.  You should also include interest statements from investment accounts and any 1099s that you … Read the rest