As someone who thinks everyday about building and nurturing consumer financial health through my work with Mint, I was thrilled to talk about innovation at scale at The Center for Financial Services Innovation’s (CFSI) Emerge 2016 Forum. Emerge is a leading annual conference for those in the financial services and technology space working to innovate…
According to a new report, at least 2.5 million Americans are earning income in the on-demand and many face immense challenges to tax compliance. The exponential growth in the on-demand platform economy has captured much attention in recent months. Less common in the news headlines are the tax compliance challenges for the small business owners…
Small businesses drive our economy. And earlier this month, the country celebrated National Small Business Week, recognizing the 28 million small companies that create opportunities for millions of Americans through employment and innovation. Their economic contributions are well known – small businesses create two out of every three new jobs annually and generate income for…
According to a new study from The Center for Social Development at Washington University, many low-income households move in and out of using mainstream financial services, and on average, those with bank accounts are more financially secure than those who are unbanked. Unbanked is the common term used to describe households lacking both a checking…
With the April 18 tax filing deadline just hours away, you might assume that the very wealthy and those with diverse investment portfolios are likely to have the most complicated tax returns. And that those with smaller incomes and a more straightforward financial situation have a pretty simple time of it. But in many cases,…
“Financial health and well-being is about pursuing dreams and reducing stress. The products and tools individuals use daily and their choices and decisions either help or hinder them in their quest.” This excerpt from What’s It Worth? Strengthening the Financial Future of Families, Communities, and the Nation comes from the essay written by Jennifer Tescher…
An expert panel discusses new research highlighting changes in the family structure and how this complicates tax filing. Read the full report from the Urban-Brookings Tax Policy Center: Increasing Family Complexity and Volatility: The Difficulty In Determining Child Tax Benefits Hosted by The Tax Policy Center; Urban Institute – Brookings Institution General Support Provided by the Intuit…
People who carry more debt for credit cards, cars, education, and health care have less optimistic outlooks on their ability to control their weight, based on a survey of the Lose It! community of food trackers. The survey was conducted in February 2016 among 4,118 people using the Lose It! mobile app, which enables people…
For years, pundits, elected officials and the business community have called for corporate tax reform to strengthen our economy. There is a strong consensus that better tax policies are needed to encourage economic growth, create more jobs and make the United States more competitive in the world. We agree, but the discussion shouldn’t stop there….
Wouldn’t it be great if low- and moderate-income families could file their tax returns at no cost? They can. It began back in 2002, when the then-Commissioner of the IRS Charles Rossotti formed a public-private partnership with the technology industry to create IRS Free File. The common goal of this alliance: to help reduce the…
