TurboTax News What You Need to Know About The Pink Tax [Infographic] Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxBlogTeam Published Mar 5, 2020 2 min read International Women’s Day provides an opportunity to celebrate women’s achievements while calling for greater equality where we may see gender gaps. Inequality can show up in many different forms, but gaining knowledge about how it may affect you and those around you is how we can all work together to empower our collective prosperity. Finances are top of mind for mothers, women-owned businesses and families who may struggle to make ends meet. Mostly, we think about big expenses like a mortgage, tuition or medical expenses. However, there are also small expenses that impact our day-to-day budget and finances, even if we don’t necessarily realize it. These small expenses add up, and when every dollar counts, the higher pricing on the products and services that women typically need to and do purchase make a difference in their expenses. The disparity in pricing on consumer goods and services when marketed to female consumers has started a movement around the “Pink Tax.” Though you may not know it, you and/or someone you know are most likely paying the “Pink Tax” in some way. Check out this TurboTax infographic that explains just how this Pink Tax can affect women’s lives and finances. Unlike the Pink Tax, taxes should be clear, fair, and easy to spot. Don’t worry about knowing tax laws — TurboTax will ask simple questions about you and give you the tax deductions and credits you are eligible for based on your answers. If you have questions, you can connect live via one-way video to a TurboTax Live CPA or Enrolled Agent with an average of 15 years of experience to get your tax questions answered. TurboTax Live CPAs and Enrolled Agents are available in English and Spanish and can also review, sign and file your tax return. Previous Post How Much Money Will Miami Make from Super Bowl LIV?… Next Post TurboTax Spotlight: A Salute to the Veterans Who Make Intuit… Written by TurboTaxBlogTeam More from TurboTaxBlogTeam Leave a ReplyCancel reply Browse Related Articles Tax News Intuit TurboTax April Report: A Look at Refunds and S… Tax Planning April 15 is the Tax Deadline: 6 Things You Need to Know… Tax Planning Unable to Pay Your Tax Bill? Here’s What To Do Tax Tips Tax Credits 101: What They Are & How They Work Business How to Know if You Should Invest in Business Insurance Tax Deductions and Credits What Is the Standard Tax Deduction for 2023 – 202… 401K, IRA, Stocks Should You Use Your 401(k) or Retirement to Pay Off Deb… Tax Planning What Happens If You Don’t Pay Taxes? Understanding Pe… Tax Deductions and Credits Family Taxes: Take Advantage of Tax Savings Taxes 101 How Much Do You Have to Make to File Taxes? Demystifyin…