Prepare for tax season with confidence. Discover key documentation and proactive strategies to optimize your business's tax filing process.| Blog
From breaking news to actionable tax guidance, the TurboTax blog is all about the refund. Learn how to identify valuable tax breaks, avoid common mistakes, and keep more of your hard-earned money.| Blog
Learn what you can do year-round to increase your tax refund and easy ways to prepare and plan for the upcoming tax season from TurboTax.| Blog
Learn about the One Big Beautiful Bill tax changes to the Tax Cuts and Jobs Act, SALT deduction, energy credits, and more in this guide to navigating tax reform.| Blog
Your business might be able to write off income. Find out if you qualify for the QBI deduction and how to calculate your write-off.| Blog
Find out how the One Big Beautiful Bill Act and tax law changes impact your refund using our free tax reform calculator.| Blog
When you enter college, your first thought might not be about taxes. But college students have to file taxes just like everyone else—assuming they earn above a certain income threshold. Failing to file on time could result in penalties. Even if you aren’t required to file, doing so could put money back in your pocket.| Blog
Stay on top of your finances with this comprehensive guide to quarterly tax dates, including deadlines, payment tips, and how to use TurboTax to file.| Blog
Big life events come with big questions, especially around taxes. Read on for tips for managing money and life.| Blog
Take control of your financial future with these 5 practical ways to fortify your finances. Learn how to build an emergency fund, pay off high-interest debt, boost your income, make intentional spending choices, and invest wisely for long-term stability.| Blog
Learn how qualifying surviving spouse status helps reduce your tax burden after losing a spouse and maximize your tax benefits.| Blog
If you are a teacher, you have a lot of planning to do for the upcoming year, but with the end of the calendar year fast approaching, you should also be planning for your tax deductions. Here are four tips to save you money on your taxes.| Blog
Not everyone has to pay taxes on their Social Security benefits. To see if your Social Security will be taxed, you have to look at your *combined income and your marital status. Find out more here.| Blog
What is capital gains tax? Learn how to minimize or avoid capital gains taxes so you can keep more of your money with these strategies.| Blog
Considering starting a retirement account? Roth IRAs and 401(k)s are popular options that have their own benefits and rules. Learn more about your options.| Blog
Are you searching for a way to build long-term wealth? Investing can help accomplish this goal. The best part is that you don’t need to be an investment banker or wealthy to start. If you still need to invest your first dollar, you can see how you can start today, and how it can benefit| Blog
Tax loss harvesting is one potential strategy you can use as an investor to not only help you reduce your taxes but to increase your portfolio as well. While this is a common tax strategy used by investors, it is not suitable for all situations. This article will cover the things you will need to| Blog
The humble penny — soon to be a relic of the past. Starting in 2026, the U.S. will stop producing pennies, marking the end of an era for this iconic (and increasingly costly) coin. While pennies will remain legal tender, this change will impact everyday transactions, requiring adjustments for both consumers and businesses. This means The post The End of Pennies: Understanding the Financial Shifts Ahead appeared first on Blog.| Blog
Learn how to align your investments with your personal values through ESG investing and discover tips on how to start, manage your portfolio effectively, and optimize for tax benefits.| Blog
If you’re a Georgia resident you may receive a Georgia State Surplus Tax Refund soon. The State of Georgia began issuing the tax refunds from the state’s tax year 2021 surplus funds to eligible filers on June 2, 2025. If you filed your 2023 tax return on time and 2024 tax return by the May The post Georgia State Surplus Tax Refund: Everything You Need to Know About the Rebate appeared first on Blog.| Blog
Avoid IRS underpayment penalties by understanding estimated tax rules, safe harbor methods, and smart payment strategies to stay compliant and penalty-free.| Blog
Deciding whether to rent or buy a home is not just a lifestyle choice but a significant financial decision with various factors to consider. Both home buying and renting come with their own perks and pitfalls, and what makes sense for one person might not be the best move for another. The “best” choice often The post To Rent or to Own: The Ultimate House Debate appeared first on Blog.| Blog
As we head into summer with long weekends and vacation vibes ahead, it’s also a savvy time to think about your spending, especially on larger purchases like appliances for your home or even a new car. You might have noticed that the prices of various items can sometimes fluctuate during the summer. While many factors The post Smart Shopping This Summer: Saving on Goods and Cars appeared first on Blog.| Blog
Arkansas has made a strategic move by becoming the first state to exempt NIL (Name, Image, and Likeness) earnings from state income tax, effective retroactively to January 1, 2025. This landmark decision, finalized by Governor Sarah Huckabee Sanders on April 25, 2025 reshapes the financial landscape for student-athletes and schools alike. Key Takeaways Arkansas Paves The post Arkansas Champions NIL State Tax Exemptions: What This Means for Student-Athletes and Schools appeared first on Blog.| Blog
Fast access to your tax refund is important. Our up to 5-day early refund option has become a favorite among TurboTax customers who want to get their money sooner. We’ve reviewed feedback related to the 5-day early refund and want to address common questions about it. This post will explain exactly how the up to The post TurboTax Up to 5-Day Early Refund Option: What You Need to Know appeared first on Blog.| Blog
Are you a business owner who filed an extension this past tax season? Don’t worry, you’re not alone! Filing a business tax extension can give you the breathing room you need to get your finances in order. But, where do you even start? In this article, we’ll walk you through the process of filing a The post How to File a Business Tax Extension: Deadlines, Forms, and Penalties appeared first on Blog.| Blog
The season finale of the popular TV show “The White Lotus” left fans with more than just a dramatic plot twist. It also provided a timely tax lesson that can be applied to real-life situations. When Belinda, one of the main characters, receives a $5 million payout from Greg in exchange for her silence, she The post The White Lotus Tax Lessons: Navigating Gift Taxes, Lump Sum Payouts, Hush Money, and the IRS appeared first on Blog.| Blog
The tax filing deadline is just around the corner! And if you’re not prepared, you could be facing a world of stress and penalties. But don’t worry, we’ve got you covered. In this article, we’ll walk you through the process of filing for a tax extension, paying your taxes online, and completing your 1040 tax The post What Day Are Taxes Due? April 15! How to File for a Tax Extension or Pay Taxes Online appeared first on Blog.| Blog
Tax season. It can feel like navigating a maze. Mistakes happen, and deadlines can get away from us. And if you haven’t filed yet or you’re worried about filing late, you may be concerned about how that can affect your standing with the IRS. This article focuses on understanding the implications of filing your taxes The post What Happens If You File Your Taxes Wrong? Late Filing Penalties, Interest, and More appeared first on Blog.| Blog
As the tax filing deadline approaches, many individuals and families are left wondering what expenses are tax-deductible and what aren’t. From mortgage interest and medical expenses to funeral costs and student loans, the rules can be complex and confusing. In this article, we’ll cover the basics of what expenses are tax-deductible and what records you’ll The post What’s Tax Deductible? A Guide to Mortgage Interest, Long-Term Care, Funeral Expenses, Student Loans, and Roth IRA Contrib...| Blog
The tax deadline can feel overwhelming at this time of year, especially if you’re not sure where to start. Sure, you can gather all your forms and hope that you’ll figure it out, but there are better ways to get your taxes done. And with a little planning and knowledge, you can navigate the world The post Is it Better to Get Your Taxes Done or Do Them Yourself? (And Other Tax Questions Answered) appeared first on Blog.| Blog
Are you a business owner who accepts credit, debit, or gift card payments, or do you receive payments through a payment app or online marketplace? If so, you may have received a Form 1099-K from your payment issuer. But what is a 1099-K form, and what does it mean for your business? Don’t worry, we’ve The post What is a 1099-K Form? How to Report Payments on Your Tax Return (2024) appeared first on Blog.| Blog
As a freelancer, independent contractor, or self-employed individual, you’ll be receiving various tax forms in the mail. One of the most common forms you’ll encounter is the 1099 form. But what is a 1099 form, and how does it impact your tax return? In this article, we’ll break down everything you need to know about The post What is a 1099 Form? A Guide to Understanding Your Tax Obligations appeared first on Blog.| Blog
Like many states, Wisconsin uses a progressive income tax system. Its four rates range from 3.5% to 7.65%. The exact rate you pay depends on your income level and filing status. Higher earners typically pay a greater percentage of their income in taxes. That said, other factors like residency status and eligible credits or deductions The post Wisconsin State Income Tax in 2025: A Guide appeared first on Blog.| Blog
Like many states, West Virginia has a graduated state income tax system for its taxpayers. For the 2024 tax year (the taxes due in 2025), there are five tax brackets with rates ranging from 2.36% to 5.12%. Your tax rate may vary based on factors such as your gross taxable income, available credits, filing status, The post West Virginia State Income Tax in 2025: A Guide appeared first on Blog.| Blog
Learn about the intricacies of the Virginia state income tax system, including necessary filing information and applicable tax rates.| Blog
Oregon state income tax has varying rates impacting residents. Understand how these taxes apply to your income and plan your finances accordingly.| Blog
Learn how tax brackets work, how they affect your income, and how to calculate your tax rate with this easy-to-understand guide.| Blog
Latest News | Blog
Discover how President Trump's Big Beautiful Bill could affect tax on overtime pay, tips, and other forms of income, but not your 2024 taxes. Learn about the implications of these proposals and what they would mean for you if they were passed.| Blog
The Social Security Fairness Act will boost benefits for public workers. Learn more about how this update could impact you.| Blog
Income Tax by State | Blog
Learn about the Mississippi state income tax structure, including rates, filing requirements, deductions and credits, and more.| Blog
Self-employed, creators and side giggers, read on for tax credits and deductions and more.| Blog