ElectronicFiling
Last night I stayed up late preparing my taxes. This should be a sign that something is truly amiss in the world, as I have been known to file my taxes an entire year late. Yes. (There's no penalty for filing late if you're owed a refund, but it's still not the most brilliant option in the world.)...
If you're not filing your federal income tax returns electronically, you are in the minority. The Internal Revenue Service has seen a big jump in the number of taxpayers using e-file over the last 10 years. In 2008, almost 58% of the 155 million tax returns filed were filed electronically, and it's...
We know the tax code is complex, and the zillions of available forms and schedules don't make things any less confusing. Doing a tax return by hand is almost impossible these days, unless you have a super simple tax situation.Whether your tax return is easy or complicated, you'll probably have an...
Tax Tip: Refund Anticipation Loans are a ripoff
10:00AM 2/04/2008
Turn on a television during tax time, and you will see plenty of commercials for tax preparation chains offering to help you get your money fast. What they often don't say is that they intend to get you that money by way of a Refund Anticipation Loan (RAL). Essentially, they prepare your tax return...
Chain tax preparation services all boast about helping you to get your tax refund fast. Well here's a newsflash.... there's nothing special about what they're doing, and you can get a fast refund all by yourself!The IRS offers direct deposit of your refund if you provide your checking or savings...
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