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  • December 7, 2012

    Having a child can be one of the most wonderful experiences of your life. However, the cost of having children can come with a hefty price tag. The cost of raising a child is high, so it is vital to take advantage of tax saving benefits that are...

  • December 6, 2012

    Do you know about the common tax deductions? Well, it's important to know of the many tax deductions that are available to taxpayers. Because taking advantage of tax deductions can reduce taxable income and save taxpayers a good amount of...

  • December 4, 2012

    Do you owe back taxes? Well, the IRS offer in compromise might be a viable tax debt settlement option for you. There are ways that the IRS determines if you are eligible for the offer in compromise settlement option. However, you have to make...

  • December 3, 2012

    There are certain words that make people feel uneasy. The word "audit" happens to be one of those words. When people here that term they always fear the worst. However, the IRS audit process is not as scary as it may seem. TurboTax'...

  • November 30, 2012

    Filing taxes is something that is required of every one of us. Most people have filed taxes as individuals for the early part of their life. However, once marriage becomes a reality, filing taxes jointly should be a decision that all couples...

  • November 29, 2012

    We all think about all the things that we would buy if we were to win the lottery. However, most people fail to realize the tax implications that come with winning a multimillion dollar lottery. Winners of the recent jackpots face some serious...

  • November 28, 2012

    Do you know where to start when it comes to tax planning? Well, taking the right first step can go a long way in making your tax-related life easier. TurboTax's Sara Kim offers advice on tax planning strategies and tips....

  • November 27, 2012

    We all realize the importance of keeping important tax documents. However, most people don't know how long they should keep tax records. Learn about the specific record retention guidelines from the IRS, and how IRS record retention can help...

  • November 26, 2012

    There are times when situations arise that are out of your control. Such as the housing bubble, which has led to many short sales and foreclosures. However, most people don't consider the tax consequences of these events. Scott Dentinger of...

  • November 20, 2012

    Most of us have heard of certain tax-related terminology. However, that doesn't mean that we know what they actually mean or how they can affect our tax strategies. In this video, Greg McGraime explains tax credits as well as ways to take...