IRS Will Continue Free File Alliance
The IRS has announced that it has reached an agreement with the Free File Alliance that will continue the program & make it better for the 2019 tax season.
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TurboTax Ends Cloud Backup Option For Desktop Users
TurboTax will no longer let you back up your data to the cloud. Those were the rumors flying last week. It seemed like a bold move for a technology-based company – especially at a time when more companies seem to be moving towards the cloud: just last month, Dropbox reported that it has more than…
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What If Tax Refund Theft Isn't Really About Refund Theft?
Jim* (not his real name) knows all about the importance of having a secure password for his financial accounts. It’s what he does for a living. He does security work and has spent a lot of his professional life learning how to avoid a hack. So when he signed in to his TurboTax account last…
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Intuit & Apple Have Changed The Rules For TurboTax Users
When it comes to choosing a tax preparation platform, some taxpayers like the opportunity to create and file a tax return on the internet by using a product like TurboTax Online. However, amid concerns about security, some taxpayers prefer the option to prepare and print a tax return to be mailed directly to the appropriate…
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FBI Investigates Tax Fraud Reports As TurboTax Denies It's A Target
As concerns about stolen data and tax identity fraud continue to mount, it’s clear that this isn’t an issue restricted to Minnesota. Or Utah. Or Connecticut. With that in mind, it’s no surprise that the Federal Bureau of Investigation (FBI) has reportedly opened an investigation into a potential computer data breach related to fraudulent tax…
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Connecticut Taxpayers Warned To File Early After Anthem Data Breach
The Connecticut Department of Revenue has issued a warning to customers who might have been affected by the Anthem data breach. On the Department of Revenue website, Department of Revenue Services Commissioner Kevin Sullivan advised taxpayers who may have been affected by the Anthem data breach – especially those expecting a state or federal income…
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TurboTax Resumes State Filings As Taxpayers Try To Make Sense Of What Happened
TurboTax has resumed acceptance of electronically filed state tax returns after temporarily turning off service in all states on Thursday, February 5 after reports of suspicious activity. The move to temporarily suspend service followed concerns in at least 18 states that taxpayer data had been compromised. The state of Minnesota actually took matters into its…
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Minnesota Stops Accepting Returns Filed With TurboTax, Cites Fraud Concerns
(UPDATED: Intuit has temporarily suspended transmission of returns in all states. See this article for more details.) Minnesota Department of Revenue has stopped accepting tax returns submitted using Intuit’s TurboTax software. Rumors started flying about potential problems earlier this week and there were whispers that the Gopher State might stop accepting TurboTax returns as a…
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TurboTax Temporarily Halts All State E-Filings Amid Fraud Concerns
Author’s notes: Intuit has announced that TurboTax has resumed e-filing of state income tax returns. See this post for more information. Original story has been updated to include statements from H&R Block, Liberty Tax, TaxAct, additional state-specific information and a statement from IRS. Up to 18 states are reporting significant upticks in fraudulent activity and there…
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Tax Software Wars Heat Up As TurboTax Makes A Change
With filing season just around the corner, the tax software wars are heating up. Earlier this week, MousePrint (sister site to ConsumerWorld.org) issued a “Warning for TurboTax Users.” According to the site, “[r]egular purchasers of Intuit’s TurboTax Deluxe, the top selling desktop tax preparation software program, are in for a nasty surprise this year.” That…