Ways to Increase Your Tax Refund You Never Thought About
Laying the groundwork for a tax refund requires some simple tax planning, a little research and some forethought. Reviewing your tax status, consulting your spouse when filling out your W-4s and taking advantage of several tax credits can help you increase your tax refund. TurboTax also can help decide which credits can get you the biggest refund. Read more…
A Brief History of Income Taxes
Did you know President Abraham Lincoln, one of America's most beloved leaders, also instituted one of its least liked obligations—the income tax? In this brief history of taxes, see the historical events which shaped income taxes in the United States today. Read more…
11 Fun Ways to Spend Your Tax Refund
There are plenty of practical ways to spend your tax refund–such as saving for major expenses, banking it as the start of an emergency fund or paying down debt. But it’s hard to resist the allure of spending some or all of your refund on something a little more fun. If that’s the road you want to go down, here are some ways suggestions. Read more…
Tax Considerations for Fantasy Sports Fans
Fantasy sports leagues can yield hefty winnings if Lady Luck smiles on you. If you win big—or even not so big—you'll need to save a portion of that money for the Internal Revenue Service (IRS). What many don't realize, is that those net winnings constitute taxable income. Read more…
A Global Look at Personal Income Taxes Interactive Infographic
Ever wondered how much people pay in taxes in other countries? Interact with the infographic below to compare personal income tax rates around the world. You may be surprised by which countries have the lowest and highest income tax rates! Read more…
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