Tag Archives: TurboTax

Claims that TurboTax Fraud May also Affect Federal Returns

Now that the tax season is here, the fears about TurboTax fraud is more punctuated than ever before. Taxpayers were shocked when they heard about TurboTax suspending state tax filings over fraud concerns. Imagine getting the news that someone else filed your tax returns and claimed your hefty tax refund. Fortunately, this problem only affected the state filings, not federal taxes.

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Well, this has changed. The details may be sketchy, but the FBI is now investigating claims that federal tax returns may also be affected by this fraud, putting your tax refund in jeopardy. The bureau interviewed … Read more at 2009 Taxes

The Rising Demand For TurboTax Software

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030511 (Photo credit: DennisSylvesterHurd)

TurboTax Software Demand Increases Intuit Profit

Intuit Incorporated announced a twenty percent rise in quarterly profits, as demand for their TurboTax Software grows. However,the firm appeared to show a loss on it’s fourth-quarter profit income and profit outlook. Intuit states it expects an overall loss of ten to twelve cents a share on an estimated income of between $683 million to $713 million for the fourth quarter.

The company initially forecast an estimated loss of between two and four cents a share on an income between $710 million to $720 million.

The company is based in … Read more at 2009 Taxes

Need Free Tax Filing? Choose Turbo Tax Free File For Your Tax Returns

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Filing your taxes over the internet can be tedious. However, Turbo Tax Free file enables you to do your taxes absolutely free over the internet. It is equipped with tons of features that will make you go through the process easily either from your house or office. Moreover, it is ideal for businesses, professionals and even those who are self-employed. Each user can file for their simple tax returns and it avails form 1040EZ that you can fill based on your marital status and availability of dependents. Although the free version can help you, it, may not be able to Read more at 2009 Taxes

TurboTax ItsDeductible Is Going Mobile

On December 3, 2013, Intuit Inc announced that its’ new TurboTax ItsDeductible app for iPhone had become available. This app is aimed at helping the estimated seventy-five percent of US citizens who donate to charity, convert their goodwill into sizable tax deductions. This app is free of charge and offered on the iPhone with iOS7 app store.

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The Turbo Tax online program itself is very popular. When combined with the portability and convenience of a mobile device, the TurboTax ItsDeductible app allows people to easily monitor their charitable donations. This app features valuations for over ten thousand commonly donated … Read more at 2009 Taxes

Tax Carnival Ecstasy – November 19, 2013

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Welcome to the November 19, 2013 edition of Tax Carnival Ecstasy. We start this carnival with an article from Bill Smith on filing back taxes. We also have a really good story on filing your taxes after the October 15th deadline has passed for the year. And finally, Intuit is helping those looking for advice on completing their Affordable Care applications. Hope you bookmark, share, tweet, and like on Facebook the Tax Carnival Ecstasy.

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Bill Smith presents How To File Back Taxes posted at 2011 Tax, saying, “All people with income need to file taxes yearly. If you … Read more at 2009 Taxes