Tax Relief is on the Agenda in Austria

Last week, the Austrian cabinet met to plan the political agenda for 2019 and outline plans for changes to tax policy that will take place over the next few years. The current government has been…

7 Crazy Things People Have Deducted

When it comes to U.S. taxpayers, there’s no end to the ingenuity applied when it comes to weird tax deductions and the crazy reasons given to justify them. Though some of them may seem like…

Which States Rely the Most on Federal Aid?

Taxes are perhaps the most apparent source of state revenue, as they constitute the vast majority of each state’s general fund budget. But state governments also receive a notable amount of assistance from the federal…

America Already Has a Progressive Tax System

Policymakers at the federal level have expressed interest in raising the tax burden on high-income individuals. For instance, Representative Alexandria Ocasio-Cortez (D-NY) recently proposed raising the top marginal income tax rate to 70 percent. What…

HOLA! TurboTax Blog is NOW Bilingual

TurboTax is thrilled to kick-off tax year 2018 with a special announcement: Our award-winning TurboTax blog relaunched to become fully BILINGUAL! Bienvenidos! Welcome! The new bilingual TurboTax Blog will offer consumers hundreds of pieces of…