Unity One Credit Union

Credit Union informs: Member discount

Thu, Mar 24, 2016 @ 02:27 PM / by Erayne Hill posted in filing taxes, pay taxes

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The smarter way to file your taxes – and SAVE

There is still time to file your taxes the smarter way! With TurboTax, you’ll be confident your taxes are done right. Plus, Unity One Credit Union members can save up to $15 on TurboTax federal products.

  • TurboTax translates taxes into simple questions about your life and puts everything in the right forms for you.shutterstock_137938526-small.jpg
  • TurboTax searches over 350 deductions and credits, so you won’t miss a thing.
  • TurboTax runs error checks and a final review to help make sure there are no mistakes.

The tax deadline is April 18th, so file today with TurboTax and SAVE!

Click here to get started.

 © 2015-2016 Intuit Inc. All rights reserved. State filing charges apply. Limited time offer for TurboTax 2015. Terms, conditions, features, availability, pricing, fees, service and support options subject to change without notice.  Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners.

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Defining tax deductions

Fri, Feb 01, 2013 @ 11:00 AM / by Erayne Hill posted in tax deductions, Unity One Credit Union, pay taxes

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How would you define tax deductions? Here is a little story that might help.

“Mom, why did you give that man money?” Andy asked.

Mom squeezed Andy’s five-year-old little hand. “That man,” she explained, “is collecting money for people who might not have everything we have. It’s nice to help other people, isn’t it?”tax deduction

Andy thought this over. “Yeah, maybe. But how much can they actually buy with two quarters?”

“You’re right, Andy,” she answered. “Not a whole lot. But it adds up. If everyone in the mall gave him fifty cents, he’d end up with a lot. Dad and I also help other people by sending them a lot more money, but we send them a check in the mail and they send us a receipt.”

“In the mail?” Andy asked.

“Yes,” Mom told him. “We send them a check and get a receipt so that, when we pay taxes, we only pay taxes on the money that we kept and used ourselves, not on the money that we give away. When you give to charity, the government lets you take the amount of money you gave away and subtract it from the money you earn. That’s called a tax deduction.”

A tax deduction is an expense that comes off your income when figuring out how much of your income is taxable.

Feel free to contact a knowledgeable representative from Unity One Credit Union to answer any account questions.

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