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  2. Intuit, the maker of TurboTax tax filing software, will pay a $141 million multi-state settlement “for deceiving millions of low-income Americans into paying for tax services that should have ...

  3. 17 Crazy Tax Deductions That Were Actually Legit - AOL

    www.aol.com/crazy-sounding-tax-deductions...

    Taxed Message. Former President Donald Trump's tax returns — and his reported $70,000 deduction for hairstyling — once became a hot topic and got lots of people talking about what is and what ...

  4. Taxes 2021: Here's how to get a filing extension - AOL

    www.aol.com/finance/taxes-2021-heres-filing...

    Taxpayers can use Free File to electronically request the extension, which may direct them to a tax-filing program like TurboTax Extension that can help them calculate what they owe in taxes. If ...

  5. Internal Revenue Code section 162 (a) - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    The next requirement of section 162(a) is that the taxpayer must be carrying on a trade or business. [2] Start up expenses are not entirely deductible, but must be spread out over 15 years. [10] Because business expenses are fully deductible under section 162, taxpayers try to argue that expenses were not start up expenses.

  6. Internal Revenue Code section 212 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    Internal Revenue Code § 212 (26 U.S.C. § 212) provides a deduction, for U.S. federal income tax purposes, for expenses incurred in investment activities. Taxpayers are allowed to deduct all the ordinary and necessary expenses paid or incurred during the taxable year-- (1) for the production or collection of income;

  7. How Do I File a Tax Extension? - AOL

    www.aol.com/finance/file-tax-extension-180600319...

    Watch this helpful TurboTax Support video for more information on filing IRS form 4868 and how to file a tax extension with TurboTax Easy Extension online. When you file a tax extension, you have ...

  8. TurboTax - Wikipedia

    en.wikipedia.org/wiki/TurboTax

    Intuit Consumer Tax Group headquarters in San Diego (where TurboTax is developed) TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct. [1]

  9. Common mistakes people make when filing a tax extension - AOL

    www.aol.com/finance/common-mistakes-people...

    Logan Allec, CPA and owner of Choice Tax Relief, said the two forms are Form 4868 (for individuals) and Form 7004 (for businesses).If you're using tax software to file your extension, Allec said ...

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