Income Tax March 27, 2026
When Will I Get My IRS Income Tax Refund? Easy Chart Shows You
Probably 10-14 days after you clicked "submit" on your TurboTax form, or went to H&R Block, your professional CPA or EA or tax preparer clicked "send."
September 27, 2017
Trump Tax Plan Repeals Most Itemized Deductions, AMT, Estate Tax
The new tax plan doesn’t provide much detail on how the tax cuts will be paid for and who exactly will benefit. It also throws some important decisions back into Congress’ lap.
March 2, 2017
$1 Billion in Tax Refunds to Expire if Not Claimed
The IRS says that more than $1 billion in federal income tax refunds from 2013 has gone unclaimed so far, and will be lost to the nearly 1 million taxpayers who failed to claim them. Taxpayers have three years to file for an income tax refund, after which
February 25, 2017
Income Tax Questions: What If You Don’t Get Your W-2 Form? What if You Lose Your W-2 Form?
It’s tax time and many Americans are waiting on their income tax refunds. But some taxpayers are still waiting to file because of lost or missing W-2 forms. If you are asking either of these questions, the IRS has answers: What if I lost my W-2 form? What if my work never sent me a...…
February 24, 2017
Major Income Tax Reform Coming this Summer, Says Treasury Secretary
On the income tax reform agenda: Tax rate cuts, fewer brackets, repeal of AMT, cap on itemized deductions, elimination of personal exemptions, Sec 179 changes, 15% corporate income tax rate, repatriation tax, repeal of estate tax.
February 18, 2017
When Will You Get Your 2017 Income Tax Refund? IRS Says Delay for Late Refunds Is Almost Over
In an effort to fight fraud, the IRS delayed all returns with either of those credits this year. But the good news is, the IRS says it has started processing them and they should start being direct deposited the week of ...
February 17, 2017
The Most Googled Tax Searches for Every State
Even tax professionals know how confusing taxes can be. For individual taxpayers, it can be like performing a root canal without any dental experience. For those with tax obligations in multiples states, or with more complex incomes and investments ...
February 17, 2017
2017 IRS Tax Refunds Coming Week of Feb. 27
Many refunds that included the EITC or Child Tax Credit had been held since the filing season started in late January due to new requirements of the 2015 Protecting Americans from Tax Hikes (PATH) Act.
February 17, 2017
Where’s My Income Tax Refund? IRS Says Late Refunds Coming Soon, Chart Shows When
If your refund was delayed because of the Earned Income Tax Credit or the Child Tax Credit (EITC or CITC), the IRS says it has started processing them and they should start being direct deposited the week of ...
February 17, 2017
Income Tax Refund Late? Here’s When You Should Get It – 2017 IRS Refund Schedule
If you’re one of the millions of Americans who are asking, “Why haven’t I gotten my 2017 income tax refund yet?” we have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. First of all, taxpayers who use a professional, such...…
February 14, 2017
New Travel Ban: Passports Revoked for Taxpayers with Bad IRS Debt
President Trump’s executive order for immigrants isn’t the only travel ban that may cause controversy. Under a lower-profile highway spending measure passed in 2015, and signed by President Obama, the IRS can prevent tax debtors from using their ...
February 10, 2017
Are Legal Expenses Deductible? Tax Court Says, “It Depends”
In the new case, a Seattle bank paid the taxpayer, its president and CEO, a bonus of $612,000. Subsequently, she reported the bonus as taxable income on her 2010 return. A few months after the bonus was paid, the bank terminated the taxpayer’s ...
November 22, 2016
2017 Income Tax Refund Schedule
The IRS will begin processing tax returns on January 24, 2017, for taxes paid/owed in 2016. In general, the IRS says that returns with refunds are processed and payments issued within 21 days. For paper filers, this can take much longer, however.