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California Is Sending IOUs to Taxpayers
We are hearing from TurboTax Live Community folks that they are receiving California IOUs instead of the dollars that they expected to be direct deposited in their bank account. Ouch! Earlier in the...
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Your Nip and Tuck May Be Taxed
If you’re thinking about getting a nose job or you want a bit of Botox, you may want to schedule your appointment – fast. Last week, the Senate began debate on an $848 billion health care reform bill...
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What the Middle Class Tax Credits Could Mean for You
President Barack Obama’s State of Union Address on Jan. 27 covered a lot of ground—healthcare and Haiti, for example, got ample time on the lineup. But with unemployment above 10%, the president is...
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Aloha, Refund!
On Feb. 8, residents of Hawaii were notified that all state tax refunds will be delayed until July 1, 2010. Guess not everything is perfect in paradise! Hawaii made the call in an effort to mitigate...
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Mortgage Debt Relief for Californians
Late on April 12th, California Governor Schwarzenegger signed into law a bill that will provide tax relief for California taxpayers whose mortgage debt on their primary residence was partly or entirely...
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What do late breaking tax changes mean for you and your family?
Hearing some buzz about late breaking tax changes, but not sure what it means for you and your family? Don’t worry, you aren’t alone. Bob Meighan, our go-to tax guy, breaks down what these changes are...
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How Will Proposed Tax Legislation Affect You?
Congress can decide to extend former President Bush’s tax cuts, follow the changes proposed by President Obama, or let the tax cuts expire without any action. The question is who will pay more taxes?...
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2010 Pending Tax Law Changes
While there’s nothing unusual about the leaves changing colors this time of year, what is unusual is the unprecedented number of unresolved tax law changes this late in the season. If you’re not paying...
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Tax Tips for Same-Sex Couples
If you are filing your taxes this year as a same-sex couple who has been legally married in states or foreign countries that recognize same sex marriages, there are a few things you should know. Our...
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Tax Extender Update: TurboTax Has the Facts
A number of temporary tax breaks or extenders expired at midnight on December 31, 2013. All this is nothing new for TurboTax, and potential tax extenders are expected to be either temporarily extended...
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Supreme Court Rules Marriage Equality in All States Further Simplifying Tax...
Good news for more same-sex married couples! Today the Supreme Court ruled for marriage equality in all 50 states, finding that state bans on same-sex marriage are unconstitutional. Now millions of...
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