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 return. Consider acceptance as your official government delivery receipt. Turbo Tax Users H&R Block Users Does “accepted” mean my refund is approved? No – accepted means your tax return is now…
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 doesn’t like to leave us completely in the dark; in prior years they issued a refund…
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 Requirements The IRS released the minimum income to file taxes in 2017. For the…
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 companies can’t take your tax refund. The lender may be able to take money from your bank account, but that’s only if they’ve sued…
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 expenses or necessary car repairs, that’s a huge problem. Many will take out a tax refund loan to…
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 & Fastest Refund Allowed by the IRS Guaranteed!” You feel like the sooner you file your tax return…
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 e-filed tax returns, almost 79 million were completed by tax professionals. Why hire a tax pro to do your…
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 in a way because ordering the tax transcript will not speed up the process of getting…
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 convenience of your own home. And the best part is they can cost much less than…
The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February. The IRS will begin accepting tax returns on Jan. 29, with nearly 155 million individual tax returns expected to be filed in 2018.…
