taxes

The 404 1,448: Where rich or poor, it's nice to have money (podcast)

Leaked from today's 404 episode:

- Jill's appearance on CBS News: Is WhatsApp really worth $19 billion?

- Financial spring cleaning: what to keep, what to shred.

- Enter our GameSpot PS4 giveaway!

- Follow Aunt Jill on Twitter and check out her radio show, Jill on Money.… Read more

Apple, Microsoft among firms earning tax-free interest from US -- report

Four of the largest US-based technology companies hold a huge amount of US Treasury debt and use it to earn tax-free interest, a new report claims.

Apple, Microsoft, Google, and Cisco Systems collectively hold $124 billion in US Treasury debt overseas, the UK's Bureau of Investigative Journalism reported Wednesday. The debt is kept offshore so the companies can earn interest on the treasuries without worrying about paying taxes.

That some of the largest technology companies in the world are holding so much interest-bearing debt and not having to pay taxes might not resonate well with individuals looking down the … Read more

File your return from anywhere with these top tax apps

Avoid the mad, end-of-tax-season scramble by getting some apps to help you calculate how much you owe Uncle Sam. Even if you've already filed, these apps can help you get organized and prepared for next year's return.

Organizing your tax records

Shoeboxed (iOS, Android)

Gone are the days of keeping all your receipts in a box above the fridge. Shoeboxed makes it easier to track your expenses -- just take a photo of your receipts, and Shoeboxed will safely store them. From there the app will archive based on dates and sort your spending into different categories (food, … Read more

Top apps and services for filing taxes

One of the smartest men ever claimed that "the hardest thing to understand in the world is income taxes." Einstein may have lost some hair filling out his tax forms, but you don't have to. Here are free tools to reduce the stress and get the most back from your income-tax filings.

Tax-preparation software

Need help preparing your taxes? Try one of these free apps:

TaxAct TaxAct Free Federal Edition supports most basic tax returns, including the 1040EZ, but also just about any IRS e-filing form. Like TurboTax and H&R Block, TaxACT promises maximum return … Read more

TaxACT 2013 Free Federal Edition review

TaxACT 2013 Free Federal Edition guides you step-by-step through the process of filing your 2013 federal tax return for hassle-free filing. Just answer the questions presented on each page, and watch your refund grow as you work your way through the program.

Each time you open TaxACT, you'll have the option of reopening a return you've already started or starting a new one. To start a return, you only need to create an account by entering your e-mail, a preferred username, a password, and a security question and answer. Once you're into the program, itself, you'll … Read more

TaxACT Ultimate Bundle review

In addition to federal and state tax preparation and eFiling, TaxACT's affordable 2013 Ultimate Bundle helps you maximize deductions for non-cash charitable giving with audit-backed values for more than 1,300 commonly donated items. It has all the features offered in TaxACT's free and deluxe bundles, such as the ability to import previous tax documents, even if you didn't use TaxACT, audit support, and several support options, including phone help. Unlike many similar online tax services, it includes state filing. TaxACT Ultimate Bundle comes in several versions, including software you can download or install via an optional … Read more

TaxACT 2013 Deluxe Edition review

TaxACT 2013 Deluxe Edition is 2nd Story Software's best value if you've previously filed your federal income tax returns with TaxACT. It has everything in TaxACT's free service, including free federal filing, guaranteed accuracy, and assistance if you're audited, plus state tax filing for a small fee. The Deluxe edition includes extra tax calculators, expert advice, free phone support, and more. You can download TaxACT Deluxe as standalone software, but we tried the Webware version, which integrates with your secure TaxACT account. Like TaxACT's other products and similar services, you can try TaxACT Deluxe for … Read more

TaxACT 2013 Free Federal Edition review

TaxACT 2013 Free Federal Edition not only supports 2013 federal 1040EZ and other basic returns but also any IRS electronic filing form. Free services and tools like the Dependent and FAFSA Assistants help you find all eligible deductions. Expert help is available, too, including support if you're audited, and returns are guaranteed 100 percent accurate. TaxACT promises to find you the maximum return, if you've got one coming. You can do your state taxes at the same time for a small fee, too.

We like that you can not only try TaxACT for free, but also without registering. … Read more

Review: Homeowners can eFile, too, with TurboTax Deluxe

TurboTax Deluxe includes free federal eFiling and helps homeowners, investors, and charitable givers maximize deductions. TurboTax Deluxe offers real-time help and searches for all possible deductions, including medical bills. Its Audit Risk Meter flags potential audit triggers and helps you avoid them.

First-time visitors to the TurboTax storefront can sign in, create a free account, or start any tool for free. TurboTax Deluxe's compatible form list was a welcome surprise; basically, it handles everything but business forms like Schedule C and those for estates and trusts. There's an option for first-time filers, too. We logged on to the … Read more

Review: Homeowners can eFile, too, with TurboTax Deluxe

TurboTax Deluxe includes everything in Intuit's online TurboTax Free Edition, starting with free federal eFiling, but it also helps homeowners, investors, and charitable givers maximize deductions. TurboTax Deluxe offers real-time help and searches for all possible deductions, including medical bills. Its Audit Risk Meter flags potential audit triggers and helps you avoid them. You can try TurboTax Deluxe for free, but it's now a lot more affordable.

First-time visitors to the TurboTax storefront can sign in, create a free account, or start any tool for free. Considering it's just a step up from the Free version, TurboTax … Read more