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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Return Prep, Software Companies Expect Smooth Filing Season

Tax Analysts -William Hoffman – 12/27/2017 “I don’t want to minimize the importance of the bill, but we’ve got this,” David Williams, chief tax officer and executive director of Intuit, told Tax Analysts. See the full article on Tax Analysts

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The largest piece of tax reform legislation in more than three decades has been signed into law.  The bill’s provisions will affect virtually all taxpayers, although for most people, the bill does not affect their taxes for 2017 (the ones they file in 2018). That said, many folks are wondering what’s in the bill and…

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More than four million U.S. taxpayers are directly engaged in the sharing economy, making everyday tasks like ordering household items, getting a ride to the airport and renting a vacation home easier for the rest of Americans. While being a member of this new era workforce is beneficial in a lot of ways – from…

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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. Intuit has long advocated for tax simplification for individuals, families, small businesses and the self-employed.   Our mission to “Power…

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As our elected representatives begin the difficult but essential task of reforming our tax code, we strongly encourage them to keep tax simplification as the centerpiece of any reform package. Simplification of the tax code is beneficial to taxpayers across the country. The appeal of simplification starts with empowering every individual and small business to…

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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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Every day a record 145 million Americans report to a full-time job and many economists now believe that we are rapidly approaching full employment. Given this macroeconomic climate, one might expect to see a decline in self-employment and the number of people eager to engage in the new “on-demand” work that has been enabled by…

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The U.S. labor market is going through a major change as people turn to self-employment in record numbers. Enabled by the ubiquitous connectivity of smartphones, entrepreneurs are embracing the opportunity to become self-employed. Today’s entrepreneurs don’t necessarily have storefronts, staffs or even business cards – and better yet, some don’t even have to find their…

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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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