Tax ToolsTheir are many tax tools that can help you keep more of your hard earned dollars. Here a several that are worth looking into. See if you can save some money on your tax bill this year.
Federal Income Tax Calculator
A federal income tax calculator is a very useful tool to use all-year-round to keep you in-the-know about your annual income tax liability. By keeping track of your federal income tax obligation throughout the year, you can keep your finances in check to meet those IRS and State income tax payment requirements. This will help you avoid financial income tax surprises, and it’s great way to insure your saving enough to meet those needs.
W-4 Paycheck Withholding Calculator
The Paycheck Withholding Calculator can help you estimate the proper amount of income tax withholding you should be paying from each paycheck. This Internal Revenue Service (IRS) provides this simple tax calculation tool to help you determine what exemption adjustments may need to be made to your payroll withholding.
IRA Retirement Savings Calculator
Let the IRA Retirement Savings Calculator help you determine what you can contribute to a traditional Investment Retirement Account (IRA) to enable a tax deduction now. A traditional IRA could be a better alternative for you compared to a long-term savings in a Roth IRA if you are qualified to take an IRA savings tax deduction. Use the IRA calculator to get a good look at how much you could save by using a traditional IRA.
TurboTax Life Events Advisor
See how the life events advisor tool from TurboTax can help you take advantage of tax deductions that you can qualify for based on life changes you experience throughout the year. Many tax deductions and credits are available for changes you experience in your life like getting married, buying a house, having a baby and more.
File A Federal Tax Extension
Time running out? File a Tax Return Extension if the tax filing deadline is approaching and you can’t seem to find the time to prepare your tax return. Fact is, you don’t have to have your tax return completed and filed by the April 15th deadline. Uncle Sam allows you to file a tax extension and gain an extra 6 months to prepare and file your tax return. However, you still need to pay any taxes owed on time, or else…
Let TurboTax help you turn charitable donations into big tax deductions and savings by determining what charitable contributions you can use to lower you tax bill and save some serious cash this year. Use the TurboTax ItsDeductible mobile app or their online tool to see how your good deeds can be rewarded with big tax savings.
TurboTax Benefit Assistant
There are $1.8 trillion dollars in benefit support available from federal, state, and local governments. If you qualify, you can get your fair share of financial support for things like health insurance, heat and electricity, phone service, auto insurance, food and more. In tough financial times this support can be what keeps you and your family from falling through the cracks and suffering through hard times.
Today many support venues allow Americans to qualify for nearly $2000 in benefits that can meet everyday needs for you and your family. These government benefit programs offer needed help you can use for day-to-day common needs