Exciting News! Today, TurboTax, the first to offer full tax preparation and e-filing directly from a mobile device, announced the latest tax apps to help taxpayers on their mobile devices. The expanded suite of tax apps, includes new and enhanced versions of the popular SnapTax for iPhone and Android, as well as TurboTax for iPad.
We are really excited to build upon our success from last season, said Jason Smerican, senior product manager. We have the benefit of going through the full tax season this year and cant wait for even more customers to experience the convenience of doing their taxes from their iPad.
With the first apps in the market, to allow people to prepare and file their tax returns all from their mobile devices, TurboTax apps make it easier than ever for taxpayers, anytime, anywhere. You can estimate your tax refund, prepare and e-file your tax return, and track the status of your tax return after you file, all from your mobile devices. Unlike other tax apps, TurboTax apps are specifically designed and optimized specifically for an app user experience.
The new suite of apps includes:
- SnapTax: Designed for taxpayers with simple tax returns , SnapTax lets you snap a photo of your W-2 with the camera in your phone and then, automatically transfers information right onto your tax return. You then
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A recent story highlighted by Fox Business offers a cautionary tale for parents who co-sign on their children’s credit card applications, even if that action took place decades ago.
The tale warns parents to be careful when making such decisions, lest they and their children find themselves in serious debt and considering filing for Chapter 7 bankruptcy protection.
According to this story that appeared in Fox Business, parents should be careful before co-signing on any credit card applications:
- The initial deal. More than two decades ago, Jennifer and her mother co-signed on a credit card while Jennifer was in college. J
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When filing a Chapter 7 petition for bankruptcy, you can include reaffirmations of secured loans. These would typically involve your home and your motor vehicle. Reaffirmation is a process that advises the court that you are maintaining full responsibility for the loan, and that it isn’t to be included in the bankruptcy process. There are some real dangers in reaffirming these loans, particularly after the bankruptcy process has been completed.
Filing for bankruptcy automatically triggers an event known as a stay. A stay is a legal requirement that prevents all creditors from taking any further action – this includes lenders that own your mortgage. Once
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The bankruptcy discharge is a court ordered permanent injunction prohibiting certain creditors from taking collection action against the debtor. A debt discharged by your bankruptcy cannot be collected from you. Unfortunately, some creditors refuse to take “No” for an answer. If you are contacted regarding a discharged debt, here’s what to do:
Inform the creditor of your bankruptcy discharge When a debt is discharged in bankruptcy it does not simply vanish. The debt still exists; it is just not “collectible.” This debt may be sold or transferred to another collector, and the new collector may not know about your bankruptcy discharge. This is not to say that ignorance is a defense to violating the court order! However,
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Now that the holidays are over, there are probably two numbers in your life you currently arent happy with. One is the balance of your available funds, and the other is the set of digits displayed to you when you step on your bathroom scale. The beginning of the new year means its time to get this figures back to where they belong. But what seem like daunting tasks are a much simpler mission to accomplish considering that by getting into shape and eating less, youre likely to save quite a bit of money.
Consider for example the following six ways getting into shape will save you green this year:
Cheaper insurance: When it comes to health insurance and life insurance, most companies calculate BMI into their determination of your available policies and the premiums that are attached.
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