Tag Archives: Internal Revenue Service

Criminals Benefit Via Fraud With Taxes

As with any online program, Turbo Tax 2013 has had its share of people trying to fraud the users by stealing sensitive login information. The reason that this happens is because people are not careful when they log into the system, or they do not ensure that their connection is safe.

Get Your Maximum Tax Refund

Criminals have systematically started to target Turbo Tax simply because it is a site where many people are now going to do their taxes without the help of an expensive tax refund business.

The Internal Revenue Service has reported major losses in its income since this type of fraud has been going on, but they are not the only ones. The customer is the one who also suffers when they are not receiving their full tax income. Sophisticated programs being used by criminals on the Internet are to blame for this, but also the method of encryption used on the site.

Keeping your password safe can help you to be sure that you will not have to worry about hacking in that regard, as is any type of malware protection on your computer. Intuit does offer some state-of-the-art protection for this, but it is also your duty to ensure that fraudulence does not happen on your part. This is all about the safety of you and your tax refund, after all. Always keep your Turbotax login tax return 2014 information safe.

VN:F [1.9.22_1171]
Rating: 9.7/10 (3 votes cast)
VN:F [1.9.22_1171]
Rating: +3 (from 3 votes)

Related Posts:

Using Turbo Tax For Your Taxes in 2014

The Internal Revenue Service says that the tax-filing season starts on January 20, 2015. Taxpayers have the okay to start filing their 2014 taxes via TurboTax on this day. Although Congress passed a last minute tax law that has already been signed by President Barack Obama, this will not delay the start of the tax-filing season.

At the beginning of the month, Congress passed a bill that extends over 50 tax breaks that expired at the beginning of 2014. This law, which was signed into law by the President on December 19, provides extensions for each of these tax breaks until the end of 2014. This gives taxpayers the ability to take advantage of these tax breaks for the 2014 tax season.

Traditionally, the tax-filing season has always been delayed when Congress passed last minute tax laws. But according to John Koskinen, the IRS Commissioner, there will be no delay this tax season.

The IRS Commissioner says that the agency looked at the latest tax law changes and ascertained that there weren’t any changes that prevented them from performing their normal updates and tests.

Millions of taxpayers like to file their taxes via TurboTax at the beginning of the year so that they can get back early refunds. This happens every year for those who choose to file electronically by using a tax software program such as TurboTax.

The IRS says that in the past few years it gave out most electronic tax refunds within three weeks. The agency states that filing an electronic tax return via TurboTax is the quickest way to obtain a tax refund.

Not too long ago, the IRS Commissioner stated to the press that there may be a delay with taxes 2014 for tax refunds because of internal IRS budget cuts. But he would not give a time frame for the delays associated with taxes 2014.

It is estimated that close to 150 million individual tax returns will be filed by the Internal Revenue Service for taxes in 2014. The average tax refund is normally about $2,800.

VN:F [1.9.22_1171]
Rating: 9.8/10 (4 votes cast)
VN:F [1.9.22_1171]
Rating: +4 (from 4 votes)

Related Posts:

Taxes Become More of A Networking Opportunity For Small Business

Every year millions of people scramble to do their taxes, and companies have been noticing a swell of people that want to go online to get things done. That’s where companies like Turbotax Online, and others have come together to connect those millions of people that have been using their line of products, with others that are like minded. From gathering in a connection setting like “QuickBooks Connect”, to other meet ups and information that is getting people together, the notion of taxes has never been more social than ever.

Decades of Connecting Small Business With Tax Help

QuickBooks - Networking Opportunity For Small Business

QuickBooks (Photo credit: Wikipedia)

No matter what the size of your company is, taxes are a big matter. This becomes obvious when you’re pushing forward as an entrepreneur. Entrepreneurs, small businesses, and accountants are not alone, and that’s why more social, networking events are being held. These vents, attract a great deal of people from all sorts of industries, and the main goal is to connect everyone into a far easier tax filing ideology. It’s at these types of events, that all walks of life, backgrounds, industries, and more find news on the latest software releases, and so much more.

The Move To Online

Looking at how taxes have changed in the past 20 years, you will find that there are a variety of different changes that have come through for the better. If you haven’t used Turbotax Online just yet, you will definitely be connecting in the near future. From developers to entrepreneurs, more and more people are using online solutions and learning about the latest tax incentives, laws and more through online means and social events like “QuickBooks Connect”, and it’s going to be a mainstay year to year.

Whether you have been doing things the old way, or you have adopted a new path towards doing your taxes, there’s nothing quite like knowing that technology is right there to help you get the most out of filing quarterly, and even annual returns. As more people get together to discuss changes, and build a broader network of clients, colleagues, and more, you’ll find that greatness abounds.

VN:F [1.9.22_1171]
Rating: 9.7/10 (3 votes cast)
VN:F [1.9.22_1171]
Rating: +3 (from 3 votes)

Related Posts:

Get Ready For The April 15th Tax Deadline With TurboTax

Stay Ahead of the April 15th Tax Deadline

You may be surprised at how many people wait until close to the tax deadline to finish and file their taxes. This may have nothing to do with pure procrastination and everything to do with feeling overwhelmed about the process.

Many people may be focused on the prospect of dealing with penalties for improper filing, but following the good advice from TurboTax can eliminate these types of fears.

File Electronically

Electronic filing is safe and straightforward with TurboTax, and your return will be received much faster than if you mail a paper income tax return. The Internal Revenue Service will inform you within 48 hours whether or not your income tax submission has been accepted.

April 15th Tax Deadline

No Income Tax! (Photo credit: sjrankin)

You can receive a tax refund by a traditional paper check, but selecting direct deposit is quicker and safer as well. Electronic filing and direct deposit eliminates the potential for lost documents, lost checks, and longer waiting due to document delivery time. TurboTax even has free Federal tax filing options for qualifying income tax filers.

File Now, Pay Later

You should file your taxes as soon as possible even if you end up owing the government. The IRS will let you submit your income taxes and set up a payment for a later date, and you may set up an automatic withdrawal. You can pay through your bank account, debit card, or credit card without penalty as long as you make your payment by the April 15th deadline.

VN:F [1.9.22_1171]
Rating: 10.0/10 (3 votes cast)
VN:F [1.9.22_1171]
Rating: +3 (from 3 votes)

Related Posts:

H and R Block Surveys Eliminating Tax Fraud Options

Americans might be willing to wait longer for their tax refunds (60% responded) and would like to see stronger requirements for tax preparers to help reduce tax fraud. H&R Block ran a survey of tax payers this year related to tax fraud and ways to reduce it. 70% of those responding to the survey wouldn’t mind answering additional questions on their returns if it would help out.

H&R Block

Eliminating Tax Fraud - H&R Block Business Center

H&R Block Business Center (Photo credit: EVRT Studio)

An H&R Block executive explained that tax preparers do not have any requirements or licensing in 48 or the 50 states. He made comparisons to hair barbers who need to be licensed everywhere. But he doesn’t stand with the courts which decided against making tax professionals get training and pass tests before they could work in the field.

Those against preparer requirements of testing and training think the certification should be optional so that it benefits young tax preparers without placing a new burden on seasoned professionals that are already trusted in the community. The lawyers fighting the IRS in court also argued that certification would benefit the big players in the field that could absorb the costs while putting smaller operators out of business.

VN:F [1.9.22_1171]
Rating: 10.0/10 (1 vote cast)
VN:F [1.9.22_1171]
Rating: +1 (from 1 vote)

Related Posts: