H and R Block Budget Challenge: Teaching Kids Financial Basics

This April, H and R Block will be celebrating National Financial Literacy Month by awarding more than $1.3 million in scholarships to H&R Block Budget Challenge participants. The H and R Block Budget Challenge is a free online tool available to teachers that exposes teenagers to the financial pressures of an adult through a simulated experience, kind of like a game. It is offered year round as part of the company’s Dollars & Sense financial literacy platform.

H and R Block Budget Challenge
Photo by vthokiejd

A national survey recently discovered that 42 percent of teenagers do not describe themselves as “financially fit.” H And R Block‘s own research indicates that 58 percent of teenagers fear that their finances will be worse than those of their parents. Teens want to learn this information, but financial literacy instruction is only a high school graduation requirement in seven states, according to the Council for Economic EducationRead 2015 Taxes

TurboTax Super Bowl Commercials, Confirms Doing Taxes Made Simple

TurboTax is releasing seven teaser advertisements ahead of its 30-second game-day spot to demonstrate the importance of technology to people, and the positive effect of technology on doing taxes. The leader in tax software doesn’t have much to prove is seeking additional subscribers to its popular program. In addition to the TurboTax Super Bowl Commercials, make sure to listen for the Turbotax radio commercial.

TurboTax Super Bowl Commercials
Photo by IntelFreePress

The company is relying on the expertise from various fields, including astrophysicist Nobel laureate George Smoot and theoretical physicists Dr. S. James Gates and Michio Kaku, to demonstrate the effectiveness of Turbo Tax software. A pretty unique way to go about creating a SuperBowl Ad. Not sure that everyone will know who these accomplished individuals are when they see the ads.

Intuit’s Consumer Tax Groups’ Senior Vice President of Marketing has said it was the first time they were working on solving … Read 2015 Taxes

Money Saving Tips for Families from TurboTax

When it is time to use TurboTax to complete your taxes for the past year, you may want to consider a few Money Saving Tips for Families in the coming year. Planning early in the year makes it easier to reach your financial goals by the end of the year. Since you are already running the numbers with Turbo Tax, you have records that can show you where to make cuts for the next year.

turbotax

Review Your W-4

Changes in withholding laws affect the money your employer must withhold from each paycheck. If you find you owe money at the end of the year using Turbo tax 2014, you may want to increase the withholding. If you are getting a big refund each year, decrease the amount withheld to increase your monthly budget.

Winterize Your Home

Turbo Tax 2014 can help you to find special tax credits for this … Read 2015 Taxes

Intuit TurboTax And EHealth Help Americans Enroll In Health Insurance Plans

Open enrollment for health insurance plans is about to begin again. For that reason, eHealth, Inc. and Intuit have teamed up to keep consumers informed about changes in the program. Both companies have released information on how consumers can get enrolled in the right insurance plan and do it quickly. These companies have shared a partnership since 2013 when they first released a software product for health insurance selection (Intuit TurboTax). Without a doubt, consumers need to heed their words if they plan on using HealthCare.org.

For the past year, TurboTax free and paid users have been asked to answer whether they have health coverage or not when they file their income tax returns. Individuals that lack coverage are then directed to the TurboTax Health website where they can get purchasing assistance. This site allows individuals to compare their coverage options and enroll in a plan through eHealth, an … Read 2015 Taxes

Turbo Tax Offers No-Cost Filing

Turbo-Tax Absolute Zero, Your No-Cost Tax Return:

Zero Federal, Zero State, Zero costs to file your 2014 taxes. This will affect about Sixty Million Americans. You can call it a major tax break. Starting tomorrow sixty million Americans will be able to prepare the taxes and file them at zero cost. Yes, that’s right – TOTALLY FREE! Not one penny. It’s due to the fact that Intuit TurboTax has lifted the tax preparation burden off your backs. This is truly a good value service.

Turbo Tax Absolute Zero
Turbo Tax Absolute Zero

This will be the first time ever that Americans have been able to file both the federal 1040A or the 1040EZ returns, along with state returns, for a total cost of ZERO dollars. This comes from the Turbo Tax Federal ‘Free Edition’. Turbo Tax users are also not going to have to worry about complying with new health care laws or … Read 2015 Taxes