Turbo Tax

The Benefits Of Using TurboTax To File Your Taxes

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Using TurboTax 2013 To File Your Taxes

If you have never used Turbo Tax before, you need to consider filing your taxes with this computer program this year. The old methods of tax preparation are quickly becoming archaic. Computers have revolutionized the process, and TurboTax 2013 is leading the way with a number of different advantages.

You Can E-File
One of the main benefits of Turbo Tax is that you can e-file your paperwork when you get done. Say goodbye to stamps, envelopes, and getting your documents back because you didn’t use enough postage. With TurboTax 2013, you could do … Read the rest

Turbo Tax Mobile Apps

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Mobile apps are current big news in the world of tax preparation. From providing tax information to allowing users to e-file, these apps are on the rise.

Unlike many competitors, TurboTax is one app that allows users to e-file a 1040EZ with their iPhone or Android device.  Data from around 400,000 financial institutions and employers, W-2 Express, various 1099 and 1098 forms, charitable-deduction records from ItsDeductible, accounting records from popular software like Quicken and QuickBooks, along with any data saved in a .cfx or .txf format are able to be entered. Bob Meighan, vice president of consumer advocacy at … Read the rest

Turbo Tax Free Edition Takes The Hassle Out Of Filing Your Taxes

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With tax season approaching rapidly, many people have begun thinking about using software programs like TurboTax to help them prepare their taxes.  With the April 17 deadline rapidly approaching, now is the time to begin planning how you want to file your taxes this year.

TurboTax is one of the most popular programs in the country, and this year’s free edition is a great way to find out whether the software is right for you.  TurboTax software walks you through each step of the filing process, turning tricky tax topics into easy to understand questions that you can complete in … Read the rest

Avoiding And Reporting Tax Scams

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How to Avoid the “Dirty Dozen” Tax Scams

In the past few years, the IRS has seen a considerable rise in identity theft and refund fraud, as scammers attempt to get your personal information in a fraudulent email, where they claim to be someone from the IRS or the makers of TurboTax Software. In the email, they claim that they need a greater amount of personal information, which according to the Better Business Bureau is a red flag.

People should not answer these sorts of emails, call any phone numbers listed or click on any links provided in the letter. … Read the rest

Complete Your Taxes With Turbo Tax

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When you are ready to start working on your 2011 taxes, you will find that there are many different software programs available to help.  Choosing the right one can be difficult, but picking the best software for your needs will help make this dreaded chore just a little bit easier.

One of the largest and most popular products is TurboTax, which gives users the ability to import data from different financial institutions to speed tax preparation.  The program works with data provided electronically by many employers, banks, and software programs like Quicken and QuickBooks to limit the amount of … Read the rest

How Does The IRS Choose Who To Audit?

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Quick Facts About the IRS Audit

Getting a letter from the Internal Revenue Service stating you’ve been selected for audit is a taxpayer’s worst nightmare and can create a lot of anxiety.

Sometimes these notices are simple, such as you forgot to sign a document or you made a math error. The more ominous possibilities, however, will question your income, deduction claims, and more.

The IRS definition of an audit states that is simple a review of a taxpayer’s return used to verify the tax amount paid and reported is correct. If you happen to be selected for an audit, … Read the rest

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