Got your 2017 tax return filed yet?
Monday is the first day the IRS will begin accepting 2017 tax returns. Yet if you like getting a tax refund at the end of the year, don't let the idea that you're giving up financial benefits unnecessarily stop you from following your own strategy.
Unfortunately, the steps many victims took after the hack, like credit freezes and credit monitoring, do not protect you against Tax ID Theft. While the IRS will process the EITC and ACTC returns when received, these refunds can not be issued before mid-February.
It's that time of the year again; tax filing season is here. Refunds should start showing up in about 21 days.
In recognition of Tax Identity Theft Awareness Week, Georgia Attorney General Chris Carr, Commissioner of the Department of Revenue Lynne Riley and the Better Business Bureau are reminding consumers to be on the alert for tax-related scams as the season approaches.
The is created to help low to moderate working households.
If you find that you owe the IRS money, you'll have more time to come up with the cash if you file early.
Taxpayers should be very careful when choosing tax preparers.
"Number one, if you file, file quicker than anyone else". "Don't respond to anything by phone, [the IRS] will not contact you by email, those are all sure signs that somebody is just trying to scam you out of your personal information".
Regarding how taxpayers typically file their taxes, 39 percent use an online tax platform with more than half (55 percent) of these users spending less than $100 on the cost of filing. See www.accountingaidsociety.org.
Be wary of preparers who guarantee high value tax returns. Appointments may be necessary in some locations. "The nation's tax professionals and software community work with the IRS and help make the tax filing process easier for Americans". Taxpayers can file now with TurboTax and get every dollar they deserve.
Many taxpayers, including millennials, are most likely to say they'll save the money or pay off debts, such as student loans or credit cards, according to a poll by TaxSlayer.
If your child is 19 yrs old or older, they must be a fulltime student 5 months out of the year. However, many different factors can affect the timing of your refund after they receive your return.