Did everyone with a scheduled January 27th Direct Deposit get their Refund? Please vote first so that we can keep a chart on how many people that were expecting a refund today and did or did not get one. Use this thread to share your experience and connect with others that got their tax refund January 27th!…
Expecting a tax refund but received less than anticipated—or none at all? If this happened to you, your tax refund may have been offset by the IRS. But what exactly does that mean, and what can you do about it? What Is a Tax Refund Offset? A tax refund offset occurs when the IRS withholds…
Please Vote so that we can keep a chart on how many people were able to acces thier Transcripts. Please vote and share this post below to help us determine where we stand at today! How Do I get a copy of my Tax Transcripts? There are 3 easy ways to obtain a copy of…
Opening Day for the IRS is Today January 27, 2020. The Internal Revenue Service has set the opening day for the 2020 tax filing season for Monday, Jan. 27, 2020. That’s the day the IRS will begin accepting and processing 2019 tax year returns. The tax filing deadline this year is Wednesday, April 15, 2020…
Facing a lot of different tax questions this year? If you are interested in researching some of these issues on your own, the IRS has pulled together an overview of common tax issues in one convenient place — Publication 17, “Your Federal Income Tax.” This updated publication, available on the IRS Web site, contains a…
A lot of things change when you have a child. One of those things is your income tax regarding the deductions and credits you get. You can claim a baby who was just born on your taxes. To get the maximum tax benefit, get clued in on what steps to take and what deductions and…
Any change in your income can impact your income tax return since the IRS taxes different types of income at different rates. The most important thing to determine when assessing your tax situation is whether your income is taxable or nontaxable. After you’ve made that initial determination, it’s easier to attribute a tax rate to…
Everybody loves tax exemptions. They reduce the amount of your taxable income, which affects the amount of taxes you pay. You can take a personal exemption for yourself, and you get an exemption for each of your dependents. In some cases, you might qualify as your boyfriend’s dependent. He might even be able to claim…
Every spring, taxpayers across the USA gather their tax documents to file taxes and get that coveted refund check. The IRS issues tax refunds based on a tentative schedule they release in early January. Simply filing your tax return according to their schedule does not mean you get your refund exactly on time. Several factors…
The IRS will begin to release EITC/ACTC refunds starting Feb. 15. However, the IRS cautions taxpayers that these refunds likely won’t arrive in bank accounts or debit cards until the week of February 27 — if there are no processing issues with the tax return and the taxpayer chose direct deposit. This additional period is…
