Of tax returns filed before Tax Day 2014, the IRS says it issued more than 85 million refunds. Statistically, that’s about 75% of tax returns filed.
Read MoreTag: EITC
Delayed Tax Refunds, The EITC, & How We’re Getting It Wrong
Millions of taxpayers are filing tax returns early in search of a refund. Many are finding that refunds may be delayed and there’s no explanation. Is it an administrative delay? Are we running out of money? Or do we just have the policy all wrong?
Read MoreDoes The IRS Have Your Tax Refund?
It’s 2013. Do you know where your refund is? No, not your 2012 refund (arguably, no one knows where many of those are) but your
Read MoreA Beginner’s Guide To Filing Taxes: Do I Have To File A Tax Return?
Tax season can be intimidating for seasoned pros, not to mention the fear it strikes into the hearts of newbies. This series is intended to give you the basics. We’ll start with the very basic of basics: do I have to file?
Read MoreHouse Passes Senate Budget Bill: We Have A Deal!
Well, color me surprised. The House voted on the budget after all, and they voted up or down, rather than amending the Senate bill. The
Read MoreA Simple Solution For Reducing Taxpayer Fraud
Some of the best ideas are the most simple. This dawned on me while chatting with a fellow tax pro at a recent networking event
Read MoreThe Credit We Love To Hate: The Earned Income Tax Credit (EITC)
If you follow the blog regularly, you’ll know that I’m not a fan of the Earned Income Tax Credit (EITC). So maybe it wasn’t so
Read MoreIRS Proposes New Regulations For Submitting EITC Claims
The IRS announced this week that it is changing the filing requirements for tax pros who submit a federal tax return claiming the Earned Income
Read MoreBack To School: Tax & Organizational Tips
It’s nearly the end of September (whew) and we’re wrapping up back to school. To help you stay organized, I’ve made a list of five
Read MoreThe Morning After: The Tax Deal Hangover
I’ll admit that I didn’t see yesterday’s tax deal coming. I was fairly certain that the drama would play out through this week. We still
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