Tax In the News!
He is currently charged with engaging "in a four-year scheme to not pay...federal taxes he owed for tax years 2016 through 2019...and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020."
Hunter Biden
This team member used to work for the IRS
Jason Woo
The job title for the tax experts who work year-round on TurboTax Live.
Select time agent
In this ancient civilization, taxes were collected in the form of agricultural products, livestock, and labor. The taxes were used to finance public very large public works projects in the desert.
Egyptians
This is the most complete version of TurboTax Desktop.
Home & Business
From 1999 to 2004, this movie star earned $38 million and paid no taxes. Before he stopped filing tax returns, he made a claim for a $7 million refund. The jurat statement on his refund claim was altered -- instead of saying it was signed under penalty of perjury, the word “no” was inserted before “penalty.” He was convicted of willful failure to file income tax returns.
Wesley Snipes
Name any 2 of the 3 enrolled agents on our team
La Toya Boyd-Tillet
Sue Burns Medina
Christopher Murphree
Intuit matches this amount for every $1 you contribute -- up to 6% of your eligible pay, up to $10,000 a year
$1.25
This ancient civilization had a tax, called a liturgy, on the wealthiest 1% of the population. "These individuals were expected to pay the entire cost of provisioning, paying the wages for, and fully equipping a trireme warship for an entire year."
Athens
The current starting cost for TurboTax Full Service.
$119
In 2020, this presidential hopeful explained the delay in producing his tax returns this way during a debate: "Unfortunately, or fortunately, I make a lot of money and we do business all around the world, and we are preparing it. The number of pages will probably be thousands of pages. I can’t go to TurboTax."
Michael Bloomberg
Name any 3 of the 4 CPAs on our team
Jim Lewis
Cindy Donovan
Millie Perrigo
Rachel Cheriyan
Powering Prosperity around the World
Passed by Congress on July 2, 1909, and ratified February 3, 1913, this amendment established Congress's right to impose a Federal income tax.
the 16th
This is the cost of upgrading for "Live Help"
$50
This case, which was heard by the Supreme Court in December, concerns the taxation of unrealized income.
The court will rule on whether the plaintiffs must pay taxes on their profits as partial owners of a multinational corporation, when those profits haven't been distributed.
A ruling is expected this spring or summer.
Moore v. United States
Name one of the two Spanish-speaking agents on our team
Janet Garcia-Apaez or Yessica Lopez
Besides TurboTax, what other brands does Intuit own?
Credit Karma, QuickBooks, Mint, and MailChimp
This tax, enacted in 1978, is designed to prevent higher-income taxpayers from avoiding their fair share of taxes.
AMT
What a customer should pay to upgrade from an Expert Review to a "full review" (Full Service)?
$0
This treasury secretary failed to pay self-employment taxes on his IMF income. At his Senate confirmation hearing, he said he prepared the erroneous returns with TurboTax.
Timothy Geithner
This person worked at TurboTax headquarters for 10+ years as an e-file analyst and tax programmer
Hadley Ajana
What are 3 of Intuit's US locations?
San Diego, Los Angeles, Mountain View, Reno, New York, Atlanta, Plano, and Tuscon
In 1991, the Chicago Bulls defeated the Los Angeles Lakers in LA for the NBA championship title. California taxed the income that each Bulls player and staff member earned while in the state. In response, several other states, including Illinois, drafted legislation taxing nonresidents on money earned while visiting. These laws are enforced mostly on visiting entertainers and pro athletes who can make high incomes, hence the nickname...
the jock tax
Where you refer someone who needs a 1040NR prepared.
Sprintax