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Debt ceiling deal passed, averting government debt default. Find out what it means to you

On June 1, 2023, Congress passed the Fiscal Responsibility Act, averting a first-ever government debt default. The bill includes a two-year suspension of the debt ceiling now set at $31.4 trillion which will allow the government to continue paying for things like social security payments and veteran benefits. You may be wondering, “What else is included in the debt ceiling deal and how does it impact me?” Don’t worry we have you covered. ....

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TurboTax offers free tax filing for military active duty and reserve

Through our Intuit Military and Veteran Initiative, we are committed to creating job opportunities and fueling financial empowerment for military families and veterans with programs woven within the fabric of our company. ....

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Why is my tax refund not what I expected?

There are a few reasons why the amount of your IRS refund may be different than what you’re expecting. ....

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Key tax benefits that are changing for tax year 2022

These key tax benefits are changing for tax year 2022: Here's what you need to know. ....

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New Coronavirus Relief Package: What Does it Mean for You and a Second Stimulus Check

New Coronavirus Relief Package: What Does it Mean for You and a Second Stimulus Check
TurboTax Blog Team
How will the new Coronavirus Relief Package Impact You?
A second stimulus is coming for millions of Americans.
The Coronavirus Response and Relief Supplemental Appropriations Act of 2021 – a $900B relief package to deliver the second round of economic stimulus for individuals, families, and businesses was signed into law December 27, 2020. The bill provides relief through multiple measures and expands many of the provisions already put into place under the CARES Act, including a second round of direct stimulus payments to individuals and families. ....

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