Filing

Answers to The Top 7 Most Searched for Tax Questions

7 comments

This time of year taxes are on the forefront of most Americans personal finances. When can I file, how do I file, how much will I get back and why is the IRS taking so long to pay me my refund are just examples of the most googled tax questions and comments I see. Over the years […]

Read the full article →

2016-2017 Federal Tax Filing Gross Income Requirements – How Much You Have to Make or Earn to File Taxes

3 comments

Every year I get asked about income requirements for filing taxes when publishing tax filing due dates for the upcoming tax season.  While there are other factors (residency status, claiming tax credits) that also drive if you have to file taxes or not, how much you earn (gross income) is a primary driver. Gross income covers […]

Read the full article →

2016-2017 Tax Extension Deadline – Should You File a Tax Return or File an Extension?

2 comments

[Updated for 2016-17 Tax Season] – Even if you don’t have enough money to pay your entire tax bill when due you must take action. Inside your head, you scream, “I need more time!” But before you stress out realize that the IRS offers a 6-month tax filing deadline extension that is not that hard to get.  So ask […]

Read the full article →

Tax Season Deadline Tips – Filing Late, Requesting an Extension, Installment Plans and Refund Status

5 comments

With yet another tax season underway here are some frequently asked questions and answers that come up around this time of the year: I’ve filed, but where is my refund? You can go online to check the status of your tax refund 72 hours after IRS acknowledges receipt of your e-filed return, or 3 to 4 […]

Read the full article →

IRS Average Tax Refund

1 comment

[Updated with latest refund details] As of April 13th, the Internal Revenue Service (IRS) has said it has received more than 115 million tax returns, with more than 95% of those returns filed electronically and over 80% of those returns resulting in refunds. The IRS generally receives over 140 million returns over the tax season. The IRS also […]

Read the full article →

2013 Tax Changes, Credits and Impacts You Need to Be Aware of When Filing Your Tax Return in 2014

10 comments

[Updated for 2013-2014 tax filing season] Thanks to the so called fiscal cliff deal reached last year there were a number of impacts to taxes in 2013 which you need to be aware of when filing your 2014 taxes. Changes were in the form of updated federal tax rates, new phase out deductions and the […]

Read the full article →

When Can I File My 2016 Taxes in 2017 and Other Key IRS Tax Return Filing, Deadline, Extension and Refund Dates

46 comments

[2016-2017 Tax Season Filing Dates] The table below shows the 2017 deadlines for filing 2016 tax returns and requesting extensions. The IRS confirmed that started processing electronic tax return filings (e-File) from Monday, January 23rd 2017.  Final tax returns are due by Tuesday, April 18th; unless a 6-month extension is approved. This is three days later than the […]

Read the full article →

Tax Filing Deadline and Due Dates – When You Can File Tax Returns and Get Your Refund

90 comments

Generally you can paper file your tax return on January 1st of the following year. But if, like most tax payers, you file an electronic return (e-file) you can only submit your return to the IRS in late January, which is when the IRS starts accepting electronic returns. For most people this time frame is […]

Read the full article →

When Will I Get My Tax Refund? IRS Tax eFile Refund Cycle and Direct Deposit Schedule for 2016-2017 Tax Season

77 comments

You’ve filed your tax return and are expecting a tax refund. Congratulations!  Now, you want to know when to expect your refund.  Generally, if you e-file and use direct deposit, the IRS estimates that you should receive your federal refund between 8 and 14 days after they accept your return (i.e. the IRS does not […]

Read the full article →

Do I Need to File a Federal Income Tax Return in 2016-2017 ? Maybe Not If You Meet These IRS Guidelines

8 comments

[Updated Income Thresholds] The Internal Revenue Service (IRS) recommends that all adults file a tax return. Obviously, the IRS wants to have everyone pay their taxes but it is also an important way for the government to ensure that it pays out subsidies, stimulus payments and tax credits to the groups that they were intended […]

Read the full article →