IRS plans further steps to curb identity theft

Accounting Today – Michael Cohn – 10/17/17   Intuit chairman and CEO Brad Smith hailed the progress that has been made, but said more needs to be done. “American taxpayers are still under siege from cybercriminals, so we remain steadfast in our commitment to fight tax cyberfraud. We’re proud of the progress being made,” he…

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Leading researchers, practitioners and policy experts on the social safety net and tax policy gathered to discuss how households experience income volatility and ways current policies help or hinder families predict and plan for tax obligations and windfalls. The conversation included insights from research published by the Urban-Brookings Tax Policy Center “Income Volatility: New Research…

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Highlights: Financial Empowerment and the Tax Time Moment

  Intuit Tax and Financial Center, the National Consumer League, and the American Bankers Association Foundation hosted a Capitol Hill event, with a keynote from U.S. Treasurer Jovita Carranza, on ways that consumers can use tax refunds to benefit their financial health, as well as ways the government is helping people make the most of their Tax…

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“In spite of all the complexity, the tax season can be a very powerful time to encourage individuals and families to review their finances and to commit to saving for the future,” said the Honorable Jovita Carranza, Treasurer of the United States, in her keynote remarks at the September 25th event Financial Empowerment and the…

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Intuit Statement on Tax Reform

Intuit is pleased Government is taking up tax reform and tax simplification and moving toward Congressional consideration of this critical priority.  We recognize that these issues will evolve as Congress works through the legislative process, but starting this national dialogue is a very important step forward. Intuit has long advocated for tax simplification reform for…

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The Demand for Small Dollar Loans

An unbelievable forty-four (44%) percent of adults say they either could not cover an emergency expense of $400, or would cover it by selling something or borrowing money, according to the 2016 Federal Reserve’s Report on the Economic Well-Being of U.S. Households. Obviously, access to credit helps people manage the unexpected expenses that are a part…

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Across the country, there is a growing – and overdue – awareness of the need to increase our focus on science, technology engineering and math education, or STEM for short. We at Intuit also include the arts, “STEAM” education, because artists are critically important in the technology workforce. Graphic designers, for example, can play an…

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Talking Tax Reform: The Tax Code as a Barrier to Entrepreneurship

In the third event of the Talking Tax Reform series, the Tax Foundation hosted a special panel, sponsored by the Intuit Tax & Financial Center, on how we might craft business tax policies that don’t act as barriers to entrepreneurship. Tax Foundation President Scott Hodge moderated the panel of four of today’s leading experts: Scott Greenberg, Director of Federal Projects, Tax…

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