Millions of taxpayers are going transcript crazy right now and wasting the IRS time that they could be processing our returns. We all need to slow down if you order your transcripts by mail the IRS says to allow…

Congratulations, Wednesday, January 24 marks the First day for movement on some taxpayers accounts in the 2018 tax filing season. Many taxpayers woke up this morning with a change to their refund status.

If your…

Congratulations! Accepted means your e-filed tax return has passed the initial inspection (Social Security numbers are correct, dependents haven’t already been claimed, etc.) and the government has your tax r…

It turns out that there is no set time schedule for when refunds have to be given to people who file taxes (and who qualify). This is probably not the answer that you wanted and is slightly unsettling. The IRS…

When filing tax returns, the second question everyone asks is “How long does it take to get my tax refund back?” Of course, the first question everyone asks is “How much is my refund?”
Tax Refund Direct Deposit…

How much money do you have to make to file taxes? What is the minimum income to file taxes?

Let’s take a look at the requirements for the minimum income to file taxes in 2017 (and due in 2018).
Minimum Income R…

Obamacare, or the Affordable Care Act is now in the fourth year of providing health insurance.

However, it will only be the third year of reconciling the healthcare requirements and the health insurance premium ta…

The government shut down early Saturday, January 20th after Congress failed to agree on a funding bill. That triggered automatic furloughs for government employees deemed “non-essential.” That means only a portion of…

If a taxpayer receives a refund that is less than the amount that was submitted with the tax return, the refund may have been offset for a past due obligation.

A refund offset is when an IRS refund is r…

If your student loans are in default, you’re probably worried about your tax refund. Will the student loan lenders take it?

First, let’s set the record straight on private loans. Private student loan comp…

Should You Apply for an Advance on Your Tax Refund? Many families rely on their tax refunds to pay for major expenses and essentials, but with delayed refunds for millions of households for up to a month this year. For people who need that money to pay for medical e…

Updated 2018 Withholding Tables Now Available; Taxpayers Could See Paycheck Changes by February

The IRS today released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made…

If your federal return has already been filed and you are due a refund, you can check the status of your refund online.

“Where’s My Refund?” is an interactive tool on the IRS website at IRS.gov. Whether you h…

Taxpayers receiving a refund tend to file taxes right away

If you are an early season tax filer (i.e. you file your tax return in January and/or early February) you are simply looking to get the “Biggest & F…

One of the biggest decisions taxpayers face each year is how to file their tax returns. Last year, 86%, nearly 132 million, of tax returns were filed with tax software. But out of those computer-prepared and…

Daily vs. Weekly Account Processing What is the difference between IRS Daily and Weekly Accounts? The difference is when your tax return is processed, and when updates are made and posted to your account. Daily Accounts: Some…

How to Read an IRS Account Transcript IRS transcripts are notorious for being extremely complex and very hard to follow. So in many cases, the IRS will tell you that ordering a Tax Transcript can not help you get your refund any faster. This is true…

Now that tax season is here, consumers are looking for a reliable, easy way to file their taxes. Why not use an online tax service? These services allow you to easily and safely file your taxes online from the…