{"id":481643,"date":"2021-04-26T09:03:45","date_gmt":"2021-04-26T13:03:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/first-hands-on-tax-simulation-for-students-builds-healthy-financial-habits-and-eliminates-fear-of-taxes\/"},"modified":"2021-04-26T09:03:45","modified_gmt":"2021-04-26T13:03:45","slug":"first-hands-on-tax-simulation-for-students-builds-healthy-financial-habits-and-eliminates-fear-of-taxes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-hands-on-tax-simulation-for-students-builds-healthy-financial-habits-and-eliminates-fear-of-taxes\/","title":{"rendered":"First Hands-On Tax Simulation for Students Builds Healthy Financial Habits and Eliminates Fear of Taxes"},"content":{"rendered":"

<\/p>\n

First Hands-On Tax Simulation for Students Builds Healthy Financial Habits and Eliminates Fear of Taxes<\/b><\/p>\n

EVERFI and Intuit enter into five-year strategic partnership to help nation\u2019s students build solid financial foundations and improve tax preparedness<\/i><\/p>\n

WASHINGTON & MOUNTAIN VIEW, Calif.–(BUSINESS WIRE<\/a>)–
\nSocial impact education innovator, EVERFI, Inc., and Intuit Inc., a global technology leader and maker of TurboTax, QuickBooks, and Mint, have joined forces to empower future generations by providing critical financial and tax education to students nationwide through a first-of-its-kind digital tax simulation available to high schools at no cost.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210426005215\/en\/<\/a><\/p>\n

\nMany young adults enter the workplace feeling uncertain and unprepared financially, especially when it comes to their taxes. In an effort to advance equity and access to critical financial education, the new Intuit TurboTax simulation will be integrated into EVERFI\u2019s extensive catalog of high school financial wellness programs with a particular focus on reaching schools and students in low- to moderate-income communities.\n<\/p>\n

\n\u201cIt\u2019s time to reimagine our national system of education and ensure that we are empowering students with the critical skills they need to be successful in life,\u201d said Ray Martinez, president and co-founder of EVERFI, Inc. \u201cThere are a number of day-to-day practical skills that students must learn before moving on to college or the workforce. We applaud Intuit for recognizing the importance of ensuring that this education gets into the hands of all high school students, no matter where they live.\u201d\n<\/p>\n

\nStudents using the program will explore tax basics, learn how taxes are calculated, and experience the tax preparation and filing process. The TurboTax simulation will guide students in a fun and engaging way, so they can enter the workforce feeling confident and empowered.\n<\/p>\n

\nThe new TurboTax simulation will be available to high schools beginning in the fall of 2021. EVERFI\u2019s on-the-ground implementation team will work directly with school districts, schools, and teachers to activate this simulation across the country and is expected to reach more than three million students nationwide.\n<\/p>\n

\n\u201cWe know how common it is for Americans to find themselves in a financial hole, that\u2019s why we believe we have an important role to play in elevating society and providing opportunities for all to advance,\u201d said Greg Johnson, general manager and senior vice president at Intuit. \u201cOur work with EVERFI will help the next generation understand their finances, starting with their taxes, and grow accustomed to the tools, products, and resources available to them. We believe that it is important to learn these important financial lessons in schools as it helps build critical foundations for life.\u201d\n<\/p>\n

\nEVERFI\u2019s financial wellness courses are developed with both students and teachers in mind to deliver effective instruction in both live and virtual learning models. Through story-based narratives and interactive exercises, students learn to make real-life decisions about their personal finances, as well as how to achieve important goals around saving money, higher education and career planning, budgeting, and now tax preparation. EVERFI\u2019s courses are designed using Bloom\u2019s taxonomy framework of hierarchical learning and assessment and are aligned with Jump$tart Coalition\u2019s<\/a> National Standards for K-12 Personal Finance Education.\n<\/p>\n

\nEVERFI and Intuit are committed to empowering local economies by preparing students for jobs in the future and providing them with the tools and education necessary to drive ecosystems of change. This strategic partnership aligns with Intuit\u2019s existing Prosperity Hub School District program, which focuses on building critical 21st century skills that students need to prepare for jobs in the future and increasing access to entrepreneurship and personal finance education.\n<\/p>\n

About EVERFI, Inc. <\/b><\/p>\n

\nEVERFI is an international technology company driving social change through education to address the most challenging issues affecting society ranging from financial wellness to prescription drug safety to workplace conduct and other critical topics. Founded in 2008, EVERFI is fueled by its Software-as-a-Service (SaaS) community engagement platform and has reached more than 41 million learners globally. In 2020, the company was recognized as one of the World\u2019s Most Innovative Companies by Fast Company<\/i> and was featured on Fortune Magazine\u2019s<\/i> Impact 20 list. Some of America\u2019s leading CEOs and venture capital firms are EVERFI investors including Amazon founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter founder Evan Williams, as well as Advance, Rethink Education, Rethink Impact, The Rise Fund, and TPG Growth. To learn more about EVERFI and how you can #answerthecall please visit everfi.com<\/a> or follow us on Facebook<\/a>, Instagram<\/a>, LinkedIn<\/a>, or Twitter<\/a> @EVERFI.\n<\/p>\n

About Intuit<\/b><\/p>\n

\nIntuit is a global technology platform that helps our customers and communities overcome their most important financial challenges. Serving millions of customers worldwide with TurboTax<\/a>, QuickBooks<\/a>, Credit Karma<\/a> and Mint<\/a>, we believe that everyone should have the opportunity to prosper and we work tirelessly to find new, innovative ways to deliver on this belief. Please visit us for the latest news and information about Intuit<\/a> and its brands and find us on social<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210426005215\/en\/<\/a><\/span><\/p>\n

Media Contacts:
\n<\/b>
Jennifer Edgerly
\n
EVERFI
\n
202-871-3637
\n
jedgerly@everfi.com<\/a><\/p>\n

\nStephanie Friswell
\n
Intuit
\n
469-734-8213
\n
stephanie_friswell@intuit.com<\/a><\/p>\n

KEYWORDS:<\/b> California District of Columbia United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Professional Services Other Education Technology Finance Primary\/Secondary Education Banking Training Other Consumer Professional Services Teens Parenting Other Technology Software Consumer<\/p>\n

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First Hands-On Tax Simulation for Students Builds Healthy Financial Habits and Eliminates Fear of Taxes EVERFI and Intuit enter into five-year strategic partnership to help nation\u2019s students build solid financial foundations and improve tax preparedness WASHINGTON & MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Social impact education innovator, EVERFI, Inc., and Intuit Inc., a global technology leader and maker of TurboTax, QuickBooks, and Mint, have joined forces to empower future generations by providing critical financial and tax education to students nationwide through a first-of-its-kind digital tax simulation available to high schools at no cost. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210426005215\/en\/ Many young adults enter the workplace feeling uncertain and unprepared financially, especially when it comes to their taxes. … <\/p>\n

Continue reading “First Hands-On Tax Simulation for Students Builds Healthy Financial Habits and Eliminates Fear of Taxes”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-481643","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFirst Hands-On Tax Simulation for Students Builds Healthy Financial Habits and Eliminates Fear of Taxes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-hands-on-tax-simulation-for-students-builds-healthy-financial-habits-and-eliminates-fear-of-taxes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Hands-On Tax Simulation for Students Builds Healthy Financial Habits and Eliminates Fear of Taxes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"First Hands-On Tax Simulation for Students Builds Healthy Financial Habits and Eliminates Fear of Taxes EVERFI and Intuit enter into five-year strategic partnership to help nation\u2019s students build solid financial foundations and improve tax preparedness WASHINGTON & MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Social impact education innovator, EVERFI, Inc., and Intuit Inc., a global technology leader and maker of TurboTax, QuickBooks, and Mint, have joined forces to empower future generations by providing critical financial and tax education to students nationwide through a first-of-its-kind digital tax simulation available to high schools at no cost. 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