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Saturday, December 14, 2019

All articles tagged IRS (5)

10 States with the Lowest Average Tax Refunds

10 States with the Lowest Average Tax Refunds

It’s that special time of year that makes Republicans, Democrats, and independents cringe while CPAs crack their knuckles as they prepare to eschew the sunlight for several months. It’s tax season. While you would be hard-pressed to find a U.S. worker who is excited about tax season, plenty of people enjoy seeing a nice, hefty refund check hit their bank accounts. A lot of factors go into determining how much a household must pay in federal taxes in any given year. And the... read more »

10 States with the Highest Average Tax Refunds

10 States with the Highest Average Tax Refunds

The United States has a long, and at times, contentious history with taxation that even predates the founding of the country. Going all the way back to the days when the U.S. was a British colony, citizens were pushing back on what they saw as an unfair tax system. The protests around “taxation without representation” eventually led to the American Revolution and the birth of the United States. Today, there aren’t many citizens dumping tea in the Boston Harbor in protest, but... read more »

Edelman Financial Services Provides Guidance to Help Consumers Prepare for Tax Season and Beyond — A Conversation with Financial Adviser Isabel Barrow

Edelman Financial Services Provides Guidance to Help Consumers Prepare for Tax Season and Beyond — A Conversation with Financial Adviser Isabel Barrow

Isabel Barrow is a Financial Adviser at Edelman Financial Services. Around the US, the month of April brings warmer temperatures and a reprieve from the winter months that kept our noses running and plants begging for mercy. For most adults, it also represents one of the most dreaded times of year — tax season. But smart savers don’t wait until April to get on top of their taxes. For them, tax season is an everyday preparation that makes the filing, and likely paying, of... read more »

Credit Karma Tax™: The Consumer Credit Site Trusted by 60 Million Users Launches Its New, Completely Free Tax Filing Service

Credit Karma Tax™: The Consumer Credit Site Trusted by 60 Million Users Launches Its New, Completely Free Tax Filing Service

In a Nutshell: From our very first paychecks on, all Americans learn an important lesson: taxes stink. From paying them to filing them, taxes are just a pain; a pain in the neck, and a pain in the pocketbook. Even trying to take some of the sting from the process by using a "free" tax preparation method doesn't help; it turns out it's hard to find a supposedly free service that isn't hiding fees and add-on costs. At least, it was -- until Credit Karma Tax. A tax preparation platform... read more »

10 (Unbelievable) Government Credit Card Abuses

10 (Unbelievable) Government Credit Card Abuses

Remember when an audit found Pentagon employees spent more than $1 million at casinos and adult entertainment? It's just part of a much larger pattern of abuse. In 2008, a Government Accountability Office report noted that government-issued cards could be easily abused. Since then, controls have been implemented but fell drastically short, as scandals came out every few months. The Government Charge Card Abuse Prevention Act, passed in 2012, was designed to combat these problems. ... read more »