Tag Archives: return
Top 5 Biggest Individual Refund States
Despite popular belief, the amount received on an individual tax return isn’t determined by the economic condition of the state. Furthermore, the size and population of a state also do not help determine an individual tax returns refund amount.
This … Continue reading
IRS Sent Out 12 million refunds in 2020, Averaging Over $1200 per refund
The IRS announced that they recently finished correcting tax returns that were filed for 2020, which included overpayments for unemployment benefits that workers received that year. The agency said it issued around 12 million returns as a result.… Continue reading
Early Filers Should Wait on Submitting Tax Returns in 2023, IRS Says
If you are eager to file your tax return for the 2022 tax year in January or February, the IRS has a warning for you. There are some “key documents” you must wait for before you file in 2023.… Continue reading
IRS to Pay Interest on Late Tax Returns
It’s no secret that the IRS has millions of tax returns that still need to send out. While waiting for your tax return can be extremely agitating, there may be one bright spot! The IRS has 45 days to process … Continue reading
Those Who Passed Still Need a Return Filed
Unfortunately, as time marches on, some of our closest friends and family have passed away for a multitude of reasons. If you are the executor of the estate of someone who has passed away in the past year, sadly, the … Continue reading
Tax Free Russian Tanks
Some Ukrainians are currently sitting at home with an arsenal of Putin’s military equipment, and have no idea how to declare it on their tax return. According to Ukraine’s taxation department, there is no need to worry!
Ukraine has … Continue reading