Starting and sustaining a small business has never been easy. Yet their economic contributions are essential to our nation’s prosperity since small businesses create two out of three new jobs and generate income for more than 50 percent of working Americans. In September, the Congressional Research Service (CRS) reaffirmed these small business job numbers, but…

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Sweeping tax legislation enacted in 2017 implemented many changes affecting the average taxpayer, including a lowering of rates, increasing the standard deduction and limiting the deductibility of mortgages and state and local taxes. Each taxpayer’s situation is different, but for the millions of additional taxpayers who will no longer need to itemize, tax returns should…

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Public service programs at the heart of taxpayer empowerment

Right now, all across the country in churches, libraries, schools and community centers, thousands of volunteers are hard at work at Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs providing free tax preparation assistance to people in need. Each tax season, 95,000 independent volunteers donate their personal time to 4,000 community tax…

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With filing season in full swing, many of us have already begun submitting our tax returns to the IRS. Truth be told, it’s not a time many of us look forward to. Like skipping dessert or going for a checkup, filing taxes is something we do because we have to, not because we want to….

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Throughout history, workers, employers, and government policymakers alike have tended to react slowly to the march of major technological advances that initially disrupted – but then ultimately expanded – workplace opportunities. What is different today is that we have the ability to better prepare for the future of work, to understand the challenges and opportunities…

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Intuit Statement Regarding 1040 Forms Changes

Intuit has long advocated for tax simplification reform for American taxpayers. As we first said in testimony before Congress back in 2005, “tax simplification is in the best interest of the nation, our citizens, and the government itself”. We have consistently supported efforts that seek to empower and strengthen the independent role of the taxpayer in matters of…

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Citizen Power

Today is Tax Day – the day when tax returns are due to the government. Truth be told, it’s not a day many of us look forward to. Like going to the dentist or skipping dessert, filing taxes is something we do because we have to, not because we want to. And yet there is…

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Intuit CBS Sunday Morning Statement

Intuit’s mission of powering prosperity around the world fuels our commitment to help individuals take control of their financial lives so they can achieve their dreams. Intuit is driven to help Americans fulfill their duty to pay their taxes and receive the refunds they deserve by offering innovative, accurate and easy-to-use software and services. Our…

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In 2015, the Internal Revenue Service brought together state tax officials and the nation’s leading tax return preparers and software developers, including Intuit, to create and agree on new anti-fraud measures to protect taxpayers. Established as the IRS Security Summit, the collaboration produced new agreements and launched new initiatives to drive fraud out of the…

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It’s “tax time,” when more than 150 million Americans need to begin preparing and filing tax returns for calendar year 2017. For many, tax preparation can feel like a big task and not necessarily one they relish. But for most, there are ways to make it easier, less time consuming and less expensive.   And, despite all…

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