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…
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…
Over the next few months, approximately 150 million Americans will complete and file state and federal tax returns. For most families, this is a time to take stock of their finances, pay off some debts or put aside a portion of their refund for savings or future expenses. For others, it’s a chance to travel…
Within the next five years, as many as four in 10 workers in the United States are expected to be self-employed, due in part to millions of Americans joining the ranks of what is being called the “sharing economy.” That’s the finding of a new labor market study conducted by Emergent Research that predicts that more…
On Thursday, November 19th, keynote speakers, Sen. Mark Warner and Rep. Peter Roskam, spoke at a Capitol Hill symposium focused on the trends and public policy ramifications of the new, emerging workforce driving the sharing economy. Hosted by the Kogod Tax Policy Center at American University, and sponsored by the Intuit Tax and Financial Center,…
Intuit’s Director of Government Relations, Melissa Netram, participated in a panel about whether and how to regulate new marketplaces, including the on-demand economy. The panel was part of the TAP Conference, an event in New York City devoted to discussing the opportunities and challenges facing mobile commerce. TAP Conference 2015 (#TAPCON) –The Role of Regulation…
Starting and sustaining a small business has never been easy. And without access to financing and working capital, it’s all but impossible. Businesses large and small, young and old, need access to cash and credit to fund operations, build inventories and bridge the gaps between billing and payments. Yet for too many entrepreneurs, the ability…
Alex Chriss, Intuit Vice President responsible for the QuickBooks division for the Self- Employed, testified on the sharing economy before the U.S. House of Representatives Subcommittee on Commerce, Manufacturing, and Trade. The testimony was part of “The Disruptor Series: How the Sharing Economy Creates Jobs, Benefits Consumers, and Raises Policy Questions.” Read the testimony here.
The Earned Income Tax Credit has provided tax relief and assistance for working families since being signed into law by President Gerald Ford in 1975 with bipartisan support in Congress. A decade later, with support from Democrats in Congress, President Ronald Reagan significantly expanded the program, calling it “the best anti-poverty, the best pro-family, the…
