How to Check the Status of Your Tax Refund

You can check the status of your refund by looking for the ‘Where’s My Refund?’ tool on the IRS website. Follow the instructions given on-screen and you’ll be able to get a status update on the progress of your refund. This tool also works on the IRS’s mobile app IRS2Go.

Let’s take a look at a few examples of the tax refund schedule and when you could expect to receive your refund if you submitted your return during a certain period:

  • Between January 20th to the 24th, you could expect to receive your refund as early as January 31st, as long as you don’t claim the EIC or the Child Tax Credit.
  • Between February 10th to the 14th, you would receive your refund on February 21st.
  • Between March 29th and April 3rd, you would get your refund on April 17th.

These are just three examples of when you may receive your refund if you submitted your tax return on these dates. They’re only predictions and other factors can impact when you actually get your refund.

Additionally, keep in mind, if you use the get my W2 online option and you’re submitting electronically, you should use the date when your return has been ‘accepted’ by the IRS as your submission date. This is typically between one and three days following the day you sent in your return.

For taxpayers who have decided to send their tax returns in paper form, you should assume at least a three- or four-week delay. This is because the IRS needs to manually enter your information into their systems.

This delay could be even longer if the IRS needs to carry out additional checks on your tax return.

H&R Block Emerald Refund Advance Loan

Do you need cash urgently and can’t wait for the duration required to receive your income tax refund? Then you will find a new post on the American Tax Service very insightful. With the IRS holding on to refunds longer than is expected in a bid to stop tax fraud, taxpayers who need to get their money fast will have no choice than to apply for a refund advance. The post reveals everything you need to know about getting a refund loan using the H&R Block Emerald Refund Advance Loan option.

A refund advance loan simply offers you an opportunity to get your refund faster than everyone else. It is offered by tax preparation services, as the money given to you is taken back when your refund is finally issued by the IRS. The H&R Block offers the refund advances from January 4 to February 28, 2019. Interested applicants are not allowed to take out more than they expect to get back as part of their refund. And they can only claim four different loan amounts, which are: $500, $750, $1250, and $3000.

What stands the H&R Block refund advance out from every other refund advance option is its zero interest rates. Also, the money is deposited into your account the same day you are evaluated and can be withdrawn using a H&R Block Emerald MasterCard. Applicants do not need to worry about their credit scores as the approval process works differently from a conventional personal loan. Considering you are only given what you are entitled to base on your tax return, all that is required from you is evidence of your refund through your taxes and appropriate identification.

Though tax refund advances are classified as a ‘no risk’ loan, the American Tax Service recommends that you only apply for them in emergency situations.

Aside from using H&R Block to apply for a refund advance loan, the American Tax Service recommends using the tax platform to file your taxes and calculate your tax refund. Creating an account with the H&R Block is fast and free.

For more information, please visit, https://americantaxservice.org/hr-block-emerald-refund-advance/

Free Tax Refund Calculator – Find Your Estimated Refund

Without the right knowledge, trying to figure out which tax credits you are eligible for and how you can maximize your tax refunds can be harder than it normally should be. It is best to understand what tax credits you are eligible for and the difference between a refundable tax credit and a tax deduction. In a recent post, Efile Tax Advisor sheds more light on the most common mistakes people make when filing their taxes and how best to use a tax refund calculator to get the most returns.

The first mistake which robs a lot of taxpayers of some good cash in tax refunds is dismissing claiming any sort of federal tax refunds simply because they do not pay anything in Federal taxes. This notion is wrong as there are tax credits like the Earned Income Tax Credit (EITC) and Child and Dependent Care Tax Credit which are eligible to anyone regardless of how little they pay in taxes. Some of these credits are also fully refundable, so even if you pay nothing in tax you could still get a refund from the IRS.

Another mistake taxpayers make is trying to figure out everything by themselves. Most of the credits are calculated based on your income, the number of children you have, and your living circumstances. All this information can be inputted into H&R Block online tax filing platform which can then easily determine exactly which tax credits you may be eligible to claim.

It is best for taxpayers to take advantage of the tax refund calculator so as to have a good idea of how much they can get back from their tax refund this year. It is simple to use and no prior experience as regards tax preparation is needed to get accurate results. All that is required is just a few basic questions about your income and living circumstances.

For more information, please visit, https://efiletaxadvisor.com/2019/04/15/free-tax-refund-calculator-see-your-estimated-refund/

Tax Refund Eligibility – Efile Tax Advisor

Many American taxpayers miss out on thousands of dollars in tax refunds every year simply because they do not know how to get one or even if they are eligible for one. Getting a big tax refund in 2019 will come down to having the right information and making the best use of it. Online tax filing advice and recommendations platform, Efile Tax advisor share a couple of tips taxpayers can use to help maximize and calculate their tax refunds.

According to Efile Tax Advisor finding the tax credit you are eligible for is usually the most effective step in optimizing your tax reform. A whole lot of taxpayers make the mistake of believing they cannot claim any type of refund if they do not pay anything in Federal taxes. But this isn’t always the case. Tax credits, like the Earned Income Tax Credit (EITC), are eligible to anyone regardless of how little tax they pay. The EITC is also fully refundable and taxpayers can get a refund from the IRS even if they pay nothing.

Aside from the EITC, there are many other tax credits that can help taxpayers optimize their refunds. These credits are dependent on factors like the taxpayer’s income, number of children, and living conditions. By using a free tax refund calculator that takes all these factors into consideration, taxpayers can easily determine these credits and get a rough estimate as to how much they can get back as refunds. One of such calculators is the TurboTax calculator, it is easy to use and you will have an idea of the amount of money you could be entitled to in minutes.

To find out more, please visit, https://efiletaxadvisor.wordpress.com/2019/02/16/are-you-eligible-for-a-tax-refund-this-year/

Free Online Tax Refund Calculator

Internet Tax Connection Proudly announces online free tax calculator to empower people to navigate the complexities of tax and finance with ease and accuracy because at the end of every year everybody needs to calculate their tax before he or she make any payment. Internet Tax Connection the convenient tax refund calculator that’s up to date with the latest tax laws. This free tax return estimator tool accurately forecasts your 2018 federal income taxes to show how much you may get back or what you may owe with tax reform. To see how tax reform affects you, visit our Tax Reform Center.

Internet Tax Connection has been adding more and more “freemium” tools to its package online with TurboTax, and the latest calculator has been pretty impressed. For individuals that have more complex tax situations, there are some options within the Tax Caster. For example, if you own a home, there is a module for the mortgage tax deduction, and for filers with children, there is an option for the child tax credit. Once you calculate your total income, you can determine what your tax bracket will be, which is published annually by the IRS through its website. To adjust your total income and tax bracket, you can utilize various functions such as tax deductions and tax credits which often will lower the total taxes due.

“When you first browse to the TaxCaster page on Intuit’s site, you are greeted with a nice landing page and an open canvas approach. It looks great on both a desktop and mobile phone. The application is free to use, and you start by entering some basic tax data such as marital status, income, and withholdings.  The screen updates real-time, and guides you through a wizard of selection choices” said the spokesperson of internettaxconnection.com, while talking about the Company.

“As mentioned, the first impression of the TaxCaster is impressive. The interface is high-speed and easy to use.  However, one of the more difficult aspects of using the calculator is that you need some basic background on your tax situation fairly early in the process. We recommend grabbing a copy of your most recent pay stub and any other tracking documents you have available for the tax calculator, as you will be able to reference information you will need” he added.

The calculations behind the TurboTax TaxCaster are all based on the general principles of accounting and the rules and laws set forth by the Internal Revenue Service (www.irs.gov). It is essential to have a basic understanding of how you pay your taxes, and with the plethora of tools available, you can quickly familiarize yourself with a basic understanding of how taxes are calculated.

As you get into using the tool, the beauty of the TurboTax online tax calculator is that it continues to compile your information real-time on the screen. After about 5 minutes of quick entry, we gleaned a reasonably accurate picture of what our tax filing situation was going to look like.

Easy to Use TurboTax Tax Refund Calculator

TurboTax Tax Refund Calculator is for all those tax payers who wish to determine the estimated tax refund they would be eligible from the IRS. Thanks to this new calculator, it is now easy to determine the estimated refund. This handy tool is absolutely free to use and all that the users have to do is to answer a few simple questions.

The questions are basically straightforward such as marital status, dependents, home ownership and mortgage, wages, tax withholdings, etc. Once the information is entered in the online questionnaire, the calculator calculates the estimated refund as well as the amount that has to be paid in taxes. The TurboTax Calculator is up to date with the latest tax deductions and tax credits for the year 2018 and 2019 tax returns.

To determine the estimated federal tax refund visit, https://bestirstaxrefund.com/tax-refund-calculator-handy-tax-tool

About TurboTax Tax Refund Calculator

TurboTax Tax Refund Calculator is a calculator that allows tax payers to know how much of a tax refund they will be eligible to get back from the IRS. Users can determine the estimated tax refund for the year through this tool.

IRS Tax Refund Status and Schedule for 2016

Many people think of the IRS return as a savings account or bonus that they are able to dip into each April. The IRS tax refund schedule also claims to provide refunds within 21 days after returns have been received.

Usually, 21 days is short when you have bills coming in like clockwork, however, when you are waiting on thousands of dollars it can feel like an eternity. Furthermore, Business News Daily revealed that the average tax refund is $2,700, which is more than what 2/3’s of taxpayers bring home each month.

Tracking Your Return & Refund

UPS approximates that their customers track packages an average of 2.42 times per shipment. This means that consumers want to know what is going on with their orders. Like UPS orders, taxpayers also have the ability to track their refunds. The IRS even has a Where’s My Refund” tool to help make doing so easier.

Things You’ll Need

Unlike the UPS, you need more than a tracking number to obtain the details of your tax refund. They want you to provide them with your social security number or EIN, filing status and the refund amount expected.

It has been said that taxpayers who opt to get their refunds deposited in their bank accounts receive their funds faster than waiting on a check. In addition, to speed up the process you want to make sure that your tax return is accurate. If you have questions about the IRS tax refund schedule make sure you consult with a tax professional such as the pros at TurboTax 2017 so there are no delays when you are expecting your tax refund this year.

5 Ways to Increase Your Tax Refund for 2016

Setting up the foundation for a good tax refund takes some basic tax planning, some research and a bit of forethought. Going over your tax situation, talking to your partner when completing your W-4s and capitalizing on many tax credits will help you maximize your tax refund. H&R Block Online will help figure out which credits will get you the largest refund.

Once you begin employment, your employer requests you fill out form W-4. This conveys to your employer the amount of federal income tax to withhold from your salary. The more allowances you apply for on the form, the less income tax is going to be kept back. Then you will have larger paychecks, but a smaller tax refund (or even possibly zero tax refund or a tax charge at year’s end). Things to think about when selecting the amount of allowances you claim include things like:

  • Claiming allowances for you alone, your partner and your eligible children and dependents
  • Taking an allowance for submitting head of household
  • Claiming over $1,500 for child and dependent care charges
  • Working multiple jobs
  • Having a husband or wife who is employed

Claiming fewer allowances on the W-4 means reduced paychecks, given that more tax is going to be withheld. This raises your odds of over-withholding, which results in a larger tax refund. That’s exactly why it’s known as a “refund:” you are actually being paid back what you overpaid to the IRS in the course of the year.

Caroline Thompson, President of Thompson Accounting and Tax, stated that you should be careful because claiming fewer allowances gives the federal government a year of your money tax free.

Make use of a W-4 Withholding Calculator to help calculate which allowances to claim.

Take a look at your filing status

Selecting the filing status that is best suited for your requirements will impact the chance of a rebate. Your filing status establishes:

  • Your usual deduction
  • Your filing needs
  • The credits you will be qualified to be given
  • The amount of tax you have to pay or the tax refund you get

You will find 5 statuses to pick from, however the 3 most popular are: married submitting together, married submitting individually, single, and head of household. TurboTax will help you figure out which option is best for your circumstances.

Claim the earned income tax credit

Working families, individuals, those who are business owners as well as others who have a modest to low-level earnings might be eligible for the earned income tax credit. The EITC reduces the amount of income taxes you owe and you might qualify for a tax rebate. To be eligible, you need to:

Have a legitimate Social Security number

  • Be a U.S. resident, a year-long resident alien or a non-resident alien married to a US citizen or resident alien submitting together
  • Have earnings from self-employment, from an employer or from providing farm labor
  • Not be a claimed dependent or child of someone else
  • Have an eligible child and be between the ages of 25 and 65, residing in the U.S. for a minimum of 6 months

To get the EITC you have to file a tax return, even though you owe no taxes.

Include the dependent care credit

The child and dependent care credit is dependent on a percentage of the sum you paid out for the care of an eligible child or dependent. The overall expenses you possibly can claim are capped at $3,000 for 1 qualified person and $6,000 for 2 or more. If your company provides dependent care benefits, you have to deduct this value. An eligible person is:

  • Your son or daughter is under 13 years of old
  • A dependent that is physically or psychologically not capable of self-care and who resides with you for over 6 months, or
  • Your wife or husband who may be not capable of self-care and resides with you for over 6 months

Additional criteria must be met in order to claim the credit:

  • If you’re married, you have to submit a joint return.
  • You can’t use a caregiver that is your partner or mother or father of the child, your son or daughter under 19 years old or additional dependents.
  • All eligible dependents and children need to have a Social Security number included with your return.
  • You have to provide the name, home address and Social Security number of the caregiver.

The Benefits of Filing Your Taxes with H&R Block Online

We recommend that you file your taxes with H&R Block as it will make the tax season so much easier. When filing they will ask you questions regarding your tax situation and will fill out all the correct tax forms for you. Here is link you can visit to find a discount coupon.

They will let you know which tax deductions and credits are applicable to you so you can keep the maximum amount of your money. You can even use their free tax refund calculator to see how much money you can expect to get back.

Providing Good Customer Service to our Clients

Working as an accountant for many years, I have seen so many questions come my way.  People come to me for advice on matters related to money, and they count on me to help them make decisions.  This means that I need to be educated on all sorts of topics, and it makes every day I come to work an interesting one.

During this time of year, I get a lot of questions about income taxes.  Many people are looking at ways to minimize their income tax bills and maximize their refunds.  At this time of year, there is still time left to put money in their IRAs, donate to charity, or take advantage of the many tax write-offs available to both personal and corporate tax clients.  I work together with my clients to save them the most money possible, and I think that they appreciate it.

This year, I have decided to take my customer service to the next level and I have been giving my clients dates as to when they will receive their refunds.  I am basing my advice on information found here: http://filemytaxesonline.org/projected-irs-tax-refund-schedule-dates/

This information has been invaluable to many of my customers, and those of them that base big purchases on their income tax refunds feel a lot better knowing when they will be receiving their money.  It is just one more thing that I can do to provide my customers with better customer service.

Use the Free 2017 Tax Calculator to Find Out Your Tax Refund This Year

With tax season and the end of the year right around the corner many people are hesitant on spending money on Christmas. It could be that they are anticipating a large tax bill coming their way or other maybe simply underestimating what they will get in terms of a tax refund. If this sounds like you then don’t fret.
You can get a quick estimate on your tax refund in just a few clicks of the mouse or taps on the screen for those on a mobile device. Check out the 2017 tax refund calculator and you’ll get a good idea of the amount you’ll get back or if you’ll be paying this year. Although the calculator is only a guide and knowing the exact amount would take longer you can really get an idea of how much your tax refund is going to be.

 

The best part is that using the tax calculator is absolutely free. Just visit the free tax calculator for 2017 and enter some rough estimates and you could be having a much better Christmas. It’s also a great way to plan for upcoming tax payments that you may be required to pay. It will allow you to know beforehand what sort of payment you’ll be required to pay. This can also be a huge benefit if you’re worried about paying your taxes since it gives you a bit of warning before you do your taxes. Check out the tax calculator and know where you stand for your 2015 taxes.