Breast Cancer Awareness Month: Donations and Tax Deductions

October is Breast Cancer Awareness month. Breast cancer is the most common cancer among women in America, so getting involved in the effort to fight breast cancer can have a tremendous impact. You can help the community by teaching others about services and treatments available, supporting those currently in treatment,…Read More

Happy First Day of Autumn: How to Not “Fall” Behind on Your Tax Preparation

When my husband and I started filing our taxes, we didn’t know everything we needed to know about filing taxes. We learn more and more each year and adjust our “system” as needed, especially since I’m self-employed. With the help of TurboTax Self-Employed, we feel more prepared and confident than…Read More

TurboTax Launches #Unidos4LatinoBiz Sweepstakes to Support Latino-Owned Businesses

Is there a Latino-owned small business whose services you appreciate but who has recently experienced hardship, or a self-employed individual in your community who has gone out of their way to help those in need? To help you support and show some love for your favorite Latino-owned businesses during Hispanic…Read More

IRS Announces Tax Relief for Victims of Oregon Wildfires

This week, the IRS announced victims of the Oregon Wildfires and straight-line winds that began on September 7, now have until January 15, 2021 to file various individual and business tax returns and make certain tax payments. The tax relief postpones various tax filing and payment deadlines that occurred starting…Read More

TurboTax Kicks Off its 2020 Hispanic Heritage Month Celebration

Hispanic Heritage Month is here! TurboTax is thrilled to join the celebration by highlighting and recognizing the contributions of Hispanics within our own local communities. During September 15th to October 18th, TurboTax is seeking to financially empower Latino self-employed and small businesses impacted by COVID-19 through a partnership with the…Read More

Hispanic Heritage Month: Latino Self-Employed and Small Business Owners’ Spotlight

In honor of Hispanic Heritage Month, we are partnering with Hispanic Chamber of e-commerce (HISCEC) to financially empower HISCEC members, Latino self-employed and small businesses during COVID-19. This year has been challenging for everyone and especially for small businesses that have been heavily impacted by COVID-19. The Latino community, in…Read More

Tax Tips for Unemployment Income If You’ve Been Laid Off or Furloughed

These are unprecedented times and many Americans are struggling financially — unfortunately, unemployment rates have been steadily increasing with Americans filing more than 40 million claims for jobless benefits and the national unemployment rate exceeding 14 percent due to job loss or being furloughed. To help provide relief for those…Read More

IRS Announces Tax Relief for Victims of Hurricane Laura

Following the recent destruction caused by Hurricane Laura, the IRS announced tax relief for those impacted and in any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance. This includes Allen, Beauregard, Calcasieu, Cameron, Jefferson Davis and Vernon parishes in Louisiana. Taxpayers in localities added…Read More

Recent Changes to the Paycheck Protection Program

On March 27, 2020, the U.S. Congress passed the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act in order to provide fast, direct financial assistance for American families, small businesses and workers affected by the COVID-19 pandemic. The main stimulus program for small businesses found in the CARES…Read More