2011 Tax to 2014 Tax

Free Tax Filing Options – File Federal Tax Return

Strange 2011 Federal Tax Deductions

border="0" alt="TurboTax Federal
Free Edition"/>

2011 Federal Tax Deductions

Everyone is looking for deductions for their 2011 federal tax situation.  We’ve all heard of the mortgage deduction, the medical deduction, and even deductions for owning an electric car–but are those all the deductions you can find?  It’s important to know all the deductions, so you can maximize your own personal benefits this tax season.  There are many “unique” deductions that are perfectly legitimate that most individuals probably are not even aware exist.  These deductions have been used in the past and are still on the books. Perhaps they might even help you this tax season. … Read more at 2011 Tax.

Popularity Of Millionaire Tax

border="0" alt="TurboTax Federal
Free Edition"/>

Polls show the millionaire tax and spending cuts are popular.

In general, people are in favor of President Obama’s proposal to increase millionaires’ taxes, but are still more in favor of spending cuts, as shown by an Associated Press-GfK poll. This gives Republicans an advantage over Democrats in the ongoing battle over the economy.

The poll shows that while the President’s proposed millionaire tax is generally popular, the plan does not effectively change the partisan views of public towards the $1 trillion yearly deficit.

Republican and retired New Jersey Mike Whittles said in support of the tax proposal, “Everybody … Read more at 2011 Tax.

Santorum 2012 Taxes A Tax Plan With Short Term Goals And No Long Term Benefits

border="0" alt="TurboTax Federal
Free Edition"/>

Rick Santorum 2012 taxes and tax plan offers big savings for the wealthy and large corporations, while increasing the deficit. His plan substantially  cuts taxes, but the raise in the deficit counteracts any short term benefit to the American people.

The Santorum tax cuts would give the upper one percent the biggest tax cuts. Individuals who make between three-million to eight-million dollars would receive an average tax break of around one million dollars by 2015. The middle class who makes around fifty to seventy-thousand would receive around two-thousand dollars. The lower class making around twenty-thousand would get about thirty-nine dollars.… Read more at 2011 Tax.

Romney Has Investments Funds In Cayman Islands

border="0" alt="TurboTax Federal
Free Edition"/>

Romney Has Big Stash in Cayman Islands

It might not be immediately obvious, but Mitt Romney has millions of his fortune in investments funds in the Cayman islands, an infamous tax refuge.

A representative for Romney says he obeys the law, and that he pays the normal taxes despite where his money is.

As Republican nominations get closer, Romney is finding it harder to keep the secrets about his wealth under wraps.

Jack Blum, a lawyer from Washington thinks Romeny’s financial situation is a disgrace to the United States tax system.

Romney recently let out that he has been paying … Read more at 2011 Tax.

Approved TurboTax Affiliate site. TurboTax and TurboTax Online, among others are registered trademarks and/or service marks of Intuit, Inc. in the United States and other countries. Other parties’ trademarks or service marks are the property of the respective owners.
TurboTax