The most recent winner of the H&R Block giveaway “Grand in Your Hand” is Bridgette Pattison, and she lives in Lima. During this month, the giveaway is taking place at H&R Block locations all over the country.
Pattison received an additional $1000, and it was all because she filed her taxes with H&R Block. She was very cautious when she got an email telling her to fill out an online form with her social security number. But, she still filled out the form. This form made it simple for customers electronically sign their name and submit an entry for the giveaway. On February 15th, Pattison learned that she was the most recent winner of the H&R Block giveaway.
Pattison has two children,and she has lived in Lima for three years. She is excited that she is the latest contest winner. She plans to use the money to visit relatives in Kansas. She has been an H&R customer since the age of 18. Kim Milliman was the H&R representative who repaired her tax form at the Avon location. Milliman was glad that one of her customers was the latest H&R Block giveaway winner.
Everyone at the Avon location celebrated the win, and this included the location’s owner, Dawn Every. The staff presented the check to Pattison and served cake as a way to celebrate. Amazingly, Pattison is one of three winners that have won at the Avon location. The staff learned on Monday that the location had yet a third winner in the H&R Block giveaway. However, no one knows the name of this winner.
2016 is here and given that most people have big goals planned for this year; they are putting some effort to ensure success. Individuals are taking time to look for ways of increasing their income and reducing their family expenses and Turbo Tax 2015. Everyone would love to have a little bit more finances going into their budget. This article looks at some tips for increasing and saving money in 2016.
One tip involves having a flexible spending plan, double-checking health insurance and retirement benefits. 2016 is a great year for an individual to capitalize on every opportunity in order to lower their TurboTax 2015 obligations and expenses together with increasing retirement contributions. A person can find a health plan that is more affordable and better fits their family’s needs. Additionally, he or she can make more money doing what they love. This can be done by checking with friends, neighbors and family to see if one can help with some work for an extra dollar.
Selling unwanted stuff is another great idea. As people spruce up their homes, they de-clutter and get rid of stuff they have not touched in years or hardly use. It is surprising how things can pile up. Through selling some items, a person not only makes some money but also creates room in the house.
Now that the new year has arrived, there are only about four months before the deadline for filing taxes passes. This means that you have very few options for lowering your tax bill. The best of these options is making charitable contributions to approved charities.
However, making charitable contributions is not the only way to reduce your tax bill. The following are some strategies provided by TurboTax Canada for reducing your tax incidence.
1) Contribute to your RRSP (Registered Retirement Savings Plan).
If you have not yet maxed-out on your contribution limit, you can get a tax deduction for every dollar you save in your RRSP. This is one of the most effective ways of lowering your taxes.
2) Save through a TFSA (Tax-Free Savings Accounts).
Saving through TFSAs is recommended because the interest earned is tax exempt. When you start withdrawing your funds, you will not be required to pay any tax. The Canada Revenue Agency has set $5,500 as the limit for annual TFSA contributions.
3) Donate to charities.
Any donation to charities or organizations that have CRA’s seal of approval is tax deductible. Up to 75% of your net income can be donated to charities.
4) Sign up your kids in artistic or physical activity programs.
This will enable you to take advantage of the Children’s Arts and Children’s Fitness tax credits. You can claim up to $500 tax deduction per child for both of these programs.
5) Hire a member of the family in your business
Employee income is tax deductible, so hiring a member of the family in your business will help to ensure that less money goes out of the family circle.