Tag: tax refund

Do you have the right amount of taxes withheld from your paycheck?

Ed note: It’s easy to think about taxes now, when the filing deadline is staring you in the face, but did you know there is something you can tweak any time of year that could affect your taxes? They are withholdings – and how much is withheld is determined by your W-4. Learn more about […]

7 Things Worse Than Waiting For Your Tax Refund

The IRS gets 90% of taxpayers their refunds within 21 days of when their tax return is received. If 21 days sounds like an incredibly long time, just think about how many more awful things you spend your time waiting on. Here’s my top 7: 7. Descaling your humidifier or espresso machine. I don’t even […]

Methods of Receiving A Tax Refund

Receiving a refund is, by far and away, the best part of the tax filing process (in my opinion). However, there are also some choices to be made when it comes time to select how you want to receive your refund. Here’s what you should know. Leer en español. First, the IRS estimates that 9 in 10 […]

What do IRS Transcript Codes Mean?

If you want your head to start spinning a little bit, dig into IRS Document 6209 and read all about the thousands of codes the IRS uses. If you prefer a non-spinning head, here’s what you might want to know. The IRS uses an electronic system to check and process tax returns. Even paper returns […]

And You Thought Your Taxes Were Frustrating

Ed note: We see it all at H&R Block. People who have shoeboxes of receipts. People who haven’t filed in years. But when Mel told me about her experience, I gasped a little. It was too good a story to pass up. Leer en español. I am an experience chaser. My Facebook is full of […]

Tax Identity Theft – How to Protect Yourself

It’s Tax Identity Theft Awareness Week. Why does it need its own week? Unfortunately it is an ever-growing problem. The IRS initiated 1,063 investigations into tax identity fraud in 2014. The Treasury Department reported that IRS received 1,841,144 returns in 2012 involving identity theft. Tax identity theft occurs when someone takes your personal information and […]

Help for Handling Tax Identity Theft

Ed note: We are in constant communication with our clients through Facebook and Twitter, and we hear from people every year who are the victims of tax identity fraud. We wanted to provide some information about exactly what that is, and what to do if it happens to you. So we got some help from […]

Refund Delays: What You Need to Know

Ed note: We’ve been seeing some online discussions about whether refunds will be delayed this year. So, we asked our friends at the Tax Institute – H&R Block’s tax experts who also work closely with the IRS – to interpret the situation for us. Waiting is hard. Waiting in line at the DMV, in the […]

The Affordable Care Act’s Premium Tax Credit and Your Filing Status

Ed note: There is a common misconception that once you receive a premium tax credit, you don’t need to do anything differently. If you’ve been filing your federal tax returns as “Married Filing Separately,” that’s not the case. Our experts from The Tax Institute explain. Leer en español. When you enroll in health insurance through a […]

Emerald Card Myths Busted

What do you think of when you hear “prepaid debit card?” Maybe you think it’s just for teenagers. Or that it isn’t any different from a credit card. Maybe you have no idea what it is at all! Leer en español. Prepaid cards can be useful financial tools for anyone. They help prevent overdrafts and […]