The first question most people have when they file their tax returns is “When will I see my refund?” That stands to reason, because who doesn’t want more moolah, especially in the aftermath of the financially intense holiday season? Here’s your brief primer on how long a tax return takes, what the refund process looks like and what’s going on if you don’t see your refund in the …Continue Reading
5 Possible IRS Tax Benefits Adjustments in 2018
All taxpaying citizens have the civic responsibility to know all about tax benefits adjustments. And so everyone has to know that the government has made inflation adjustments for the tax year 2018. The Internal Revenue Service (IRS) announced more than 50 revisions in the tax rules, which include tax charges and rate schedules. USA Today identified five tax adjustment examples …Continue Reading
9 Common Tax Deductions
Not all taxpayers may know that there are several tax deductions applicable in our annual dues to the government. Surprisingly, these deductions may come from expenses we normally incur in our homes or at work. They, however, come with a set of rules on amount coverage and computation. Here are some common tax deductions you may want to consider on your next tax …Continue Reading
Federal Income Tax Calculator: How to Estimate Your Taxes?
This tax season, if you're looking for a rough estimate of what you'll pay, then you can be your own federal income tax calculator. With just a couple formulas, you can find out how much your federal income tax return will be. This article won’t make you the IRS tax calculator genius, but it will help you be more informed about your federal taxable income. Federal Income Tax …Continue Reading