Category Archives: Tax Preparation

Tax Day Deals Might Get You Free Meals

On April 18th, restaurants will be offering tax day deals, discounts and freebies in an effort to get their share of the more than $330 billion in tax refunds that are being issued to taxpayers by the IRS. Following is a summary of some of the deals to be found across the U.S.

In honor of the form taxpayers complete, you can get a half-chicken meal for $10.40 rather than the regular $11.77 at Boston Market. Visit the website for Outback Steakhouse, and print out a 15% off coupon which can be redeemed on April 18th. … Read more at 2008 Taxes.

The U.S. Corporate Tax Rate

Tax Act

Is the U.S. Corporate Tax Rate the Highest in the World?

There is a popular belief that the current corporate tax rate in the country is very high, and a reduction of the prevailing rate will stimulate investments which will have a wide range of positive effects on the economy. Those who support this theory are referring to the current rate which stands at 39.1% (the highest in the industrialized world). According to proponents, this income tax rate is putting U.S. corporations at a competitive disadvantage. But is there more to the story?

Income Tax rates by Country based on OECD 2005...

Income Tax rates by Country based on

Read more at 2008 Taxes.

Looking At The TurboTax Redesign

Screenshot: Intuit's Customer Community

Screenshot: Intuit’s Customer Community (Photo credit: miss_rogue)

If you’ve used TurboTax before, then you should expect some changes this time around. Recently, Intuit’s tax software has become a little confusing. The user interface didn’t exactly welcome simplicity and efficiency. Sometimes, users would get frustrated by looping links and other problems. Such issues could easily hurt a person while preparing their taxes using the software. Intuit finally listened to customers’ concerns and made changes to the popular tax preparation software.

For TurboTax 2014, filing taxes now looks a lot smoother and easier to navigate. A complete redesign of the user interface … Read more at 2008 Taxes.

Tax Changes For The Wealthy

Tax Act

2013 and 2014 taxes may be different for the wealthy due to several new tax implementations. The top tax rate may be steeper, and the actual percentage may depend upon what is included. People may be surprised by the changes, and this may be the ideal time to let TurboTax 2013 guide you through efficient tax preparation.

Income inequality continues to be a major political issue, and things like extending jobless benefits, raising the minimum wage, and imposing changes that affect the top tax rate are central to addressing this issue. Some of the newer taxes include changes to … Read more at 2008 Taxes.