Tax filing status impacts several key areas of your federal tax return:
whether you are required to file, the size of your Standard Deduction,
your tax rate, your eligibility for specific tax credits, and
ultimately, the amount of tax you owe (or the...read more
The first step to maximizing your tax refund - and possibly keeping the
IRS at bay - is to use the correct filing status on your tax returns. If
only it were as simple as choosing Single or Married. But alas, there
are a whopping five (5) filing stat...read more
Be prepared and make tax preparation a breeze! Imagine how beneficial
and stress-free it would be to not rush around last minute gathering
your tax info. You can begin by making a list of what's changed since
last year and gather your supporting docu...read more
The end of the year is more than just holidays, great food, and family!
It’s also the perfect time to make smart money decisions, take action to
reduce your tax liability and give yourself peace of mind! The following
links are filled with tips and s...read more
Hello!I am hoping someone can help me with this question (but I am also
trying to get an appt with a CPA). In 2021, my parents (non-US
residents, non-citizens) gifted me (US citizen) a rental apartment that
was rented out. In 2022, they both passed a...read more
Hello to the corporate big wigs: I have been a loyal user of Turbo Tax
software for past 28 years and have introduced this software to umpteen
number of colleagues, clients and friends. Over this period of time I
feel that the product is becoming mor...read more
EDSDPosted April 5, 2025
| Latest post yesterday by
Bobbo00
After more than 30 years of using TurboTax—starting with Deluxe, then
Premier and eventually upgrading to Home & Business—I was disappointed
to learn that Intuit plans to discontinue ItsDeductible on October 21,
2025. ItsDeductible has been a corners...read more