IRS

Thank God I Got My Tax Refund! Americans Get Religious With IRS Refund Delays

0 comments

People are getting very frustrated with delays they are seeing around getting their federal tax refunds. Despite the IRS saying that 9 out of 10 refunds will be processed in under 21 days, there have been a lot of people who seem to waiting a lot longer than the standard schedule. What’s exacerbated  this situation is the […]

Read the full article →

Will H&R Block, TurboTax and Other Online Tax Software Providers Help With IRS Refund Delays?

1 comment

On one of my more popular articles answering the question, “Where is my refund? ” I got the following representative comments which was the genesis of the title of this post. So I thought I would take some time here to address the obligations of these online tax providers when it comes to dealing with delays […]

Read the full article →

2016 Tax Brackets vs 2015 Tax Rates and Other Tax Updates (After Official IRS Figures Released)

2 comments

With the continued low inflation environment 2016 IRS Tax Brackets, standard deductions and personal exemptions (for taxes paid in 2017) only moderately increase over 2015 levels (shown in the table below). Federal income tax brackets and related tax items are adjusted annually, under the tax code, to provide for mandatory adjustments based on inflation. The tables below reflect […]

Read the full article →

Has my Financial and Personal Information Been Compromised if I used TurboTax, H&R Block or Tax Act?

1 comment

There has been a lot of publicity of late around electronic security breaches with a focus on tax software related breaches. The majority of people file their taxes electronically and with tax returns containing your most sensitive personal information it is no surprise that hacking or compromised data that leads to identity theft and other online […]

Read the full article →

2016 IRS Refund Schedule Cycle Chart for 2015 Tax Return Filings

4,037 comments

While the IRS has officially discontinued releasing refund cycle charts, below are estimated refund dates based on past refund cycles and IRS guidelines. For refund dates specific to your tax filing go to the Where is my Refund (WMR) page at IRS.gov. You will need information from your tax return to get your specific refund processing and […]

Read the full article →

5 Places to Get Free Tax Advice, Guidance and Help

2 comments

A lot of families cannot afford to pay for professional help to get advice on taxes and/or to prepare their tax returns. While simple returns for low income earners can be filed for free with most large online e-File tax providers, those who have complicated financial situations or have moved states during the year can find […]

Read the full article →

2014 vs. 2015 Savers Tax Credit Limits to Help Workers Save for Retirement

4 comments

[Updated with 2015 amounts] This IRS has released 2015 updates for the savers credit, which helps lower income earners save for retirement by providing an offset to retirement plan (401k and IRA) contributions. A lot of people don’t know about or take advantage of this little known credit, officially referred to as the retirement savings contributions credit.. The […]

Read the full article →

Average IRS and State Tax Refund and Processing Times for 2015 Returns Filed in 2016

10 comments

[Updated for 2015-2016 Tax Season] Thanks to a booming economy and higher employment IRS has forecast higher refunds for the average American filer thanks to the recent extension of a number of tax breaks. The average tax refund in 2014 was $3,116. It was $2,800 in 2015 and in 2016 it is expected to be $2,900. Generally, if you e-file […]

Read the full article →

Online IRS Tax Tools To Figure, Track and File Taxes For Free

0 comments

With the 2014 filing season now officially open tax payers can go to IRS.gov and leverage a number of tools that enables them to file their taxes for free, figure how much in additional tax credits they can get and even plan for their 2014 taxes. The IRS expects to receive more than 148 million individual […]

Read the full article →

2014 IRS Tax Brackets and Rates With Standard Deduction and Personal Exemption Updates

2 comments

Below are the 2014 IRS federal tax brackets based on annual inflation adjustments. Given the low inflation environment there were only moderate increases in tax brackets, standard deductions and to the personal exemption. The main changes for the 2014 tax year were: Marginal tax rates remained the same as last year with 39.6% being the highest marginal […]

Read the full article →

Federal Income Tax Tables and Rates For 2014 Tax Season

0 comments

April 15th 2014, or the 2013 tax filing due date, is not that far away. Which means its time to do some serious tax planning so that by year end you maximize your income while minimizing your taxes dues when filing in 2014.  But first, the official rates and tables for tax year 2013. In […]

Read the full article →

Why Is It Taking So Long To Get My Tax Refund

348 comments

When it comes to tax season I receive a lot of reader questions, many tinged with a hint of desperation, around why IRS tax refunds are taking so long and what can be done to get refunds sooner rather than later. Here is a sampling of comments from the current and past tax seasons: Help me […]

Read the full article →
Disclaimer: The information contained on Saving to Invest (this site) is for general information purposes only and does not constitute factual or professional financial advice. In accordance with FTC guidelines, we disclose that we may have a financial relationship with some of the merchants/companies mentioned on this website. We do our best to maintain current information, but due to the rapidly changing environment, some information may have changed since it was published. Please do the appropriate research before participating in any third party offers. Refer to the Privacy Policy and Terms of Use for more information