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The Latest Breaking News from TurboTax

Should I use TurboTax?

In this detailed guide, we'll cover TurboTax's features, benefits, and what you need to know before filing your taxes.

The Street

Mother Cuts 75-year-old Son's Inheritance By $20k Over Decades-old Unpaid Debt Before Passing Away

The man lives in an assisted living facility and claims to have repaid $5,000 to his mom. He is now exploring ways to receive the entire inheritance payout, even if that means amending his mother's old tax returns.

International Business Times UK

Intuit CEO's letter to employees announcing layoffs goes viral

The financial software company has just made a tough decision that impacted thousands of employees.

The Street

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Standard deduction vs. itemized deductions: Which is better?

It might seem easier to take the standard deduction rather than itemize your deductions, but you should weigh this question carefully.

The Street

Oakland Guard Jack Gohlke Reflects On NCAA Win And NIL Deals

Jack Gohlke's NCAA victory, NIL insights, and pro basketball aspirations showcase the evolving landscape of collegiate athletics.

Top News

Elizabeth Warren targets TurboTax with hilarious ad promoting free tax filing service

The senator teamed up with a comedian who also went after TurboTax in the past.

The Street

Closing a business

If you're planning to close a business, don't forget that tax rules require you to keep the IRS in the loop.

The Street

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Tax trends and tips

A few interesting trends emerged in last year’s tax returns that give insight into what the future may hold. Lisa Greene-Lewis, CPA and TurboTax Live expert, explains.

The Street

Tax tips for investors

If your investments went up in 2023, you may have to report those gains on your taxes. Miguel Burgos, CPA and TurboTax Live expert, has some tips.

The Street

Jack Gohlke’s Oakland teammates teased him with State Farm jingle after post suggested he’s destined to sell insurance

Like a good 3-point shooter, Jack Gohlke is there.

USA Today Sports Media Group

Jack Gohlke’s NIL deal with TurboTax is even more perfect than you thought

Jack Gohlke has been prepping for this endorsement for years

USA Today Sports Media Group

What's new for tax year 2023?

Before you finish your taxes, make sure you know about some important changes that can affect you. Lisa Greene-Lewis, CPA and TurboTax expert, explains.

The Street

The Price of Filing Taxes With a Professional is Rising

The average cost of working with a tax professional is going up.

Kiplinger

Last-minute tax tips

As the April 15 tax deadline nears, CPA and TurboTax Live expert Miguel Burgos shares some important last-minute tax tips you don’t want to forget.

The Street

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The Street

Energy-efficient tax credits explained

There are several energy-efficiency tax credits that can really reduce your tax bill. Miguel Burgos, CPA and TurboTax Live expert, breaks it all down.

TechRadar

The IRS is releasing a TurboTax alternative, and you can try it now

Direct File is a new Pilot Program from the IRS, promising to give 18+ million taxpayers access to free and accessible returns.

The Street

The Child Tax Credit explained

There’s a lot of buzz about possible changes coming to the Child Tax Credit. CPA and TurboTax expert Lisa Greene-Lewis helps clear up the confusion.

The Street

Tax tips for 529 plans

A 529 plan is a tax vehicle designed to help you save for your child's education. Lisa Greene-Lewis, TurboTax expert and CPA, explains their benefits.

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The Street

FTC accuses H&R Block of 'unfair' and 'misleading' practices

The Federal Trade Commission has filed a complaint against the company for costing customers "time and money."

The Street

Tax tips for donor-advised funds

What is a donor-advised fund? They’re not just for rich people, and can be a savvy tax move for the charitably-inclined. Learn the basics of DAFs.

The Street

Tax breaks for people with dependents

If you’re taking care of children or aging parents, you may qualify for tax breaks. Lisa Greene-Lewis, TurboTax expert and CPA, explains the details.

Investors Business Daily

TurboTax Maker Intuit Beats Earnings Goal But Disappoints With Outlook

Financial software firm Intuit beat estimates for fiscal Q2 earnings but guided below views for earnings in the current quarter.

The Street

How inflation adjustments affect your taxes

The IRS made inflation adjustments in 2023 that affect the standard deduction, marginal tax rate and more. Lisa Greene-Lewis, TurboTax expert and CPA, explains.

International Business Times

Is TurboTax Really Free? FTC Clamps Down On Deceptive Advertising Practices

The FTC has barred Intuit from advertising its services as "free" unless they are genuinely free for all customers or if eligibility is explicitly disclosed.

WEKU

The FTC bars TurboTax maker Intuit from advertising 'deceptive' free services

Regulators say the company advertised "free" tax filing products and services that many Americans were ineligible for. Intuit called the opinion "deeply flawed."

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