Home » Posts taggedincome tax refund

HOW TO CHECK THE STATUS OF YOUR TAX REFUND

Gone are those days when it takes a great deal of paperwork to check your tax refund status. The internal revenue service (IRS) has brought the process of checking the status of your tax refund to your fingertips, with the “Where’s my refund?” on the IRS website, a feature which allows you to check the status of your tax refund. So, if you would like to check tax refund status, here’s how to go about it.

To check the status of your tax refund:

Step 1

E-file your tax return and wait for at least three (3) days before you proceed to get your refund status. This is because, it takes approximately three days after you e-file your tax return to the Internal Revenue Service (IRS), to update your profile on the website with the needed tax refund status. Check your e-file status online, to ensure that it has been accepted by the IRS. You would also get an email notification from the IRS to confirm the acceptance of your e-file.

If you however, mailed a paper copy of your tax return to the IRS, it is recommended that you wait for a minimum period of three weeks, before you request for your tax refund status online. See more.

Step 2

Get a copy of your tax return, before you proceed to check your tax refund status online. This is advised because, the IRS portal would request some of the information contained on the printed copy of your tax return. Some of the information that might be requested include:…

Continue reading

Ways to Get IRS Income Tax Refund

Income Tax Refund

You might have used a company like taxreturn247.com.au, for filing your taxes correctly. Now, you might wonder about the different ways that you can get your IRS tax refund safely and securely. So many people don’t know the ways to get your tax refund. They think that the only way is by check. Here are some of the different ways that you can get your next IRS income tax refund:

By checks

The most common way of getting your tax refund, is by check. Even if this might be a common and popular way of receiving your refund, it doesn’t mean that this is the safest possible option. The check might be in your name, but it doesn’t mean that you will receive the check. There are many people out there that are scamming people out of their checks.

There are so many refund checks that are go missing, or that don’t reach their destination. And, most of the time, it is because the check was lost or stolen by someone else. This is happening on a daily basis, and not the best option to get your refund.

Direct deposits

The second way that you can get your tax refund, is by direct deposit into your bank account. Many people are afraid to use this option, but the one thing that they don’t realize, is that this might be the safest possible option. It is also the one option where you are paying the least amount of banking fees.

There are people that’s afraid that the payments will be …

Continue reading

3 Tips for How to Best Use Your Income Tax Refund

Income Tax Return

Getting a substantial amount of money for your tax refund is something that many people dream of. But, the one thing that you need to consider, is that you need to use your refund in the best possible way. So many people waste their tax refund money, because they don’t think carefully about what they actually can do with the money that can make life better, in the long run. Here are some tips for how you can use your income tax refund best.

Pay debt

This might not be your favorite option, but just think about the money that you are going to have left at the end of the month, when your debt is paid in full.

The first option that you can do with your income tax refund, is to pay some of your debt. If you are finished with paying the debt, you will have more money at the end of the month for other, more important things. This option will make sure that you are not getting just one amount of money, that you can use, but it will ensure that you are having more money left, at the end of each month.

Emergency savings

If you don’t have emergency savings, this might be the best time to start saving. And, what better way to start than to use your income tax refund.read the articles coming from http://profit.ndtv.com/news/your-money/article-how-gratuity-is-calculated-and-income-tax-exemption-1420168

And, if you have an emergency savings account, then you can always add your refund to these savings. We don’t know when we will have an emergency …

Continue reading