What is the Earned Income Tax Credit (EITC)?
Hi, I’m Dirk. I’m a tax expert with Intuit’s TurboTax and I’m here today to talk to you about the Earned Income Tax Credit. What is the Earned Income Tax Credit? It’s a tax credit available for those who are low- and moderate-income families and the benefit varies depending on whether you have children or not. If you’re…
Read MoreDo I Need to File a Tax Return?
Hi, I’m Kasey, and I’m a tax expert here with Intuit’s TurboTax. I’m here today to talk about some frequently asked questions that many taxpayers have. Do I need to file? Not everyone is required to file a tax return every year. Generally, if your income doesn’t exceed certain thresholds, you don’t even have to file a return. The…
Read MoreHow to Prepare for Tax Season with Tax-Savvy Financial Moves
It’s the beginning of the year, which means (among other things) that tax season is approaching. This year especially brings a lot of uncertainty with new tax regulations. Here are a few things you can do now to make tax season a breeze. Check how changes in tax laws will affect you Tax law changes…
Read MoreAre you ready for tax time? The scammers are too!
The end of the year often feels hectic. We’re spending time with family, celebrating the holidays, and planning for the coming year. This is exactly what scammers rely on to separate you from your hard-earned money. What to do with a possible scam The first step to staying ahead of scammers is to be very…
Read MoreHow do you use your tax refund?
Every month, part of your paycheck is sent straight to the government to pay your taxes. But at the end of the year, most people owe less than they’ve already paid – so they get money back from the government. These tax refunds are a huge influx of money for many American families. If you’re…
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