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Tax Carnival Ecstasy – May 24, 2013

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Welcome to the May 24, 2013 edition of Tax Carnival Ecstasy. In this edition we start with an article from Bill Smith on TurboTax having an issue with their service at the very end of the tax season this year. John Schmoll from Frugal Rules discusses the financial concepts that he understood before he left college in a nice post. And finally Edward Webber looks at the amount of income you can earn before you need to file a tax return. Hope you like all articles, bookmark, share on Facebook, Tweet, and come back really soon.

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Bill SmithRead the rest

A Basic Overview Of The Turbo Tax 2013 Advertisement Controversy

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The Turbo Tax 2013 Advertisement Controversy

The Turbo Tax 2013 advertisements were undoubtedly memorable and those who have seen them will not soon forget them. It is also impossible to deny that these advertisements were more aggressive in than previous advertisements aired by the company. Despite the fact that TurboTax is one of the most popular tax programs on the market, the company is definitely trying as hard as it can to put down the competition.

Why Were the Ads Controversial in the First Place?

The Turbo Tax 2013 ads emphasized the fact that many tax preparation companies hire … Read the rest

The Debt Ceiling Crisis

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The Debt Ceiling Crisis

The Senate has agreed to put off debt ceiling. Yesterday, the Senate voted to approve a measure that suspends the U.S. debt ceiling which translates to our country being able to at least temporarily pay bills.

However, two amendments touted by Republican Sen. Rob Portman (Ohio) were voted down by Democrats who control the Senate. These were supposed to stop some of the chaos in these debates.

The bill, passed by the House previously last week, suspends the $16.4 trillion debt ceiling so that the U.S. can pay bills. Mid-April is the new deadline to … Read the rest

Free Tax Filing For 2010 Amended Return

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Free Tax Filing For 2010 Amended Return

Even with the best of intentions, mistakes happen. Sometimes they can be costly. But in the case of amended tax returns, fixing them could be free.

There are any number of reasons why people may want to amend their federal tax return. In addition to correcting simple errors, they may want to take advantage of a new credit, such as the $8,000 first time home buyer tax credit. Or they may have forgotten that lottery win back in July 2010.

Whatever the cause, free tax filing for 2010 amended return is as … Read the rest

Eco Products That Are Tax Deductible


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Eco Products That Are Tax Deductible

If you are wondering if eco products are tax deductible, maybe this will help you.

There are plenty of things that can help you save money if you go green. In 2011 you could write off home energy efficiency improvements. The tax credit was for 10 percent of how much you paid for the equipment and it could be up to $500 for asphalt or new metal roofs, energy efficient doors, retrofits that seal home air leaks, and skylights. For those who purchase a plug in hybrid or electric vehicle you could get … Read the rest

File Your Taxes Easily with TurboTax

TurboTax Federal Free Edition

When it comes to online tax filing security is the major issue. Many people may like the concept or many might look down, most of them may feel worried about putting their information all on the internet and doubt that is it actually safe and secure to submit your tax return this way. While you have few downsides to submit your taxes online as long as you are aware of the risks and avoid them then it is not at all unsafe or dangerous. This depends on your provider as well while submitting the return. Thus, it is always … Read the rest

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