Ready for your tax refund? You’re not alone! Close to 75% of taxpayers received a federal direct deposit tax refund close to $3,000 last year! TurboTax is now accepting tax returns, which means you’re one step closer to receiving your...
The IRS issues tax refunds when you pay more tax during the year than you actually owe. When you file exempt with your employer for federal tax withholding, you do not make any tax payments during the year. Without paying tax, you do not qualify for a tax refund unless you qualify to claim a refundable tax credit.
Today is National Earned Income Tax Credit Awareness Day! The Earned Income Tax Credit (EITC) is the country’s largest program for working people with low to moderate income. According to the IRS, about 25 million eligible filers received the EITC...
Close to 80 percent of taxpayers receive a tax refund each year, and last tax season the average tax refund was about $3,267. For many, their refund could be the biggest lump sum of money they receive all year and...
Mark your calendars! The IRS confirmed today that they will begin processing tax returns on Friday, February 12, 2021. You can get started now and be first in line for your tax refund! TurboTax is already accepting tax returns and will securely hold them for transmission to the IRS and States once they begin accepting e-file.
It’s that time of the year again – tax time! There is no denying that feeling when you see the size of your tax refund (which was close to $3,000 on average last year). To help you get ready for...
This content is for the first coronavirus relief package, which was signed into law in March 2020. For info on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third...
With about 72% of taxpayers receiving a tax refund and with refunds being on average $3,000, refund checks can have a significant impact on many Americans’ finances, especially this year. If you’re looking for ways to maximize your refund, you’ve...
The proliferation of rideshare companies like Uber and Lyft has created a whole new income stream for many people. In general, as a driver for a rideshare company, if you contract your driving services and your work is not under...
Last tax season, the average direct deposit tax refund was more than $3,000. If you are expecting a tax refund this tax season and you’ve been thinking about starting a side hustle or self-employed business, that kind of money can...
Ready for your tax refund? You’re not alone! Close to 75% of taxpayers received a federal direct deposit tax refund close to $3,000 last year! TurboTax is now accepting tax returns, which means you’re one step closer to receiving your... 
