Summer is a popular time to move – and with that comes added expenses. Between gasoline, packing materials, moving assistance, and insurance, the costs can really add up. And oftentimes, you also have to come up with closing costs or security deposits at the same time as the move. All of these expenses can be The post Can I Deduct My Summer-Time Moving Expenses? appeared first on Blog ..read more

Congratulations on starting your new business. As a new business owner, taxes are probably the last thing on your mind. But since there’s no getting around them, here is some basic information about the forms you’ll need to file as a new business owner. In general, the form you must use to file your business The post What Tax Forms to File as a First-Time Business Owner appeared first on Blog ..read more

Non-profit thrift stores like Goodwill and The Salvation Army operate exclusively from donations of people in their community just like you.  Most people usually think about donating clothes, but there are many more items stores are happy to take off your hands – plus, you’ll get a tax deduction! Here are some other ideas to The post 13 Tax-Deductible Donations That Aren’t Clothes appeared first on Blog ..read more

Clean energy plays a key role in protecting the environment, and the Residential Clean Energy Credit makes clean energy more accessible for homeowners. If you’re thinking about installing solar panels on your home or investing in a geothermal heat pump, you can benefit from residential energy credits. So how do these credits work, and who The post Residential Clean Energy Credit: A Homeowner’s Guide appeared first on Blog ..read more

Tax Day 2024 is nearing, and we’re commemorating the occasion with some unique art and animations. TurboTax is teaming up with up-and-coming designers and illustrators to celebrate and support their big moves. Our logo, check! Be sure to follow our brand-new series #TaxGFX across social — meet the creators below, and enjoy a roundup of The post #TaxGFX: TurboTax Is Celebrating Designers And Illustrators appeared first on Blog ..read more

TurboTax is helping Gen Z like never before, offering tax education and events from coast to coast tailored for college students, student-athletes, and the greater Gen Z population. As college students experience constant life changes, they face financial and tax implications. Luckily, TurboTax is determined to help Gen Z #MakeTheirMovesCount. Our continued collaboration with INFLCR, The post TurboTax Makes Tax Education Fun for College and NIL Students appeared first on Blog ..read more

Meet Solangel, a Las Vegas resident and winner of The TurboTax Super Bowl File million dollar sweepstakes!  Before a medical condition forced her to stop working last year, she worked part-time at Allegiant Stadium, host of Super Bowl LVIII. Medical expenses have been a considerable burden for Solangel, leading to her selling her car to The post The Million Dollar Surprise: How One Football Fan Won Big with TurboTax appeared first on Blog ..read more

Our aggregated and anonymized Federal income tax return data in compliance with U.S. regulatory requirements, pulled from January 29, 2024 to March 21, 2024, provides a unique view into tax filers who submit their returns at least 3 weeks before the tax filing deadline. This population of tax filers tends to be younger or in The post Intuit TurboTax April Tax Trends Report: A Look at Refunds and Shifts in the Child Tax Credit appeared first on Blog ..read more

Unexpected things happen in life, and sometimes you can’t get your taxes filed on time. If you can’t file your taxes by the April deadline, you can file an extension to get more time to file your taxes. The IRS can work with you to find solutions to your tax problems, but it’s important to The post How to File an Extension: A Step-By-Step Guide appeared first on Blog ..read more

If you’re starting a new business, you may need to file Form SS-4, which is an Application for an Employer Identification Number (EIN). Your EIN is used as a unique identifier for your business when you file and report business taxes, so generally, every business owner needs one. In this blog, you will find out The post What Is A Form SS-4 & Why Do I Need One? appeared first on Blog ..read more