There are a number of things you can do to increase the size of your tax refund. One of the key ways to do this is by taking advantage of tax deductions. Being able to deduct things like healthcare expenses, mortgage interest, dependents, energy efficiency improvements, etc. helps lower the tax bill for many Americans…
If you’re filing for your tax returns, you might be wondering about the IRS tax deadline and Refund schedule for 2022. Amidst the continuing pandemic there are a lot of uncertainties with deadlines and schedules. Here’s the lowdown on what you need to know: Tax season officially kicks off on January 24, 2022. That is…
So, you received your federal tax return for the year, but you’re still waiting on your state refund. It can take anywhere from a day (e-file) to more than 15 weeks (paper) to get a state refund, depending on what state you live in. Please refer to the table below to find your state’s refund…
(Updated January 20, 2023) According to the IRS, they anticipate that most taxpayers will receive their refund within 21 days of when they file their returns. However, that is for those who file electronic returns and choose to get their refund by direct deposit. That also assumes there are no issues with your return. For…
Tax season can be stressful for many individuals and businesses alike. With the constantly changing tax laws and regulations, it can be difficult to keep up with the latest updates and accurately calculate taxes owed. This is where tax calculators come in handy. A tax calculator is a tool that helps individuals and businesses estimate…
Seniors are a unique group of individuals who have different financial needs and responsibilities than younger generations. One of the biggest concerns for seniors is taxes, and many are unaware of the tax deductions that are available to them. Tax deductions can help seniors save money on their taxes and reduce their overall tax burden.…
Tax season can be stressful, but the anticipation of a tax refund can make it all worth it. However, waiting for that refund to arrive can be nerve-wracking. Luckily, checking the status of a tax refund has never been easier. There are a few ways to check the status of a tax refund, including using…
Are PayPal fees tax deductible? Usually, yes, they are! But there are some things you have to keep in mind before you deduct those fees on your next tax return. Read on so you know how to take advantage of this money-saving tax deduction. Can You Save on Taxes by Deducting PayPal Fees? Have you…
Are PTA donations tax deductible? The short answer is, usually, yes, they are! But there’s more to the story than that. Let’s dig in so you know whether or not you can deduct those PTA donations on your next tax return. Are PTA Donations Tax Deductible? Today we’re going to chat about whether you can…