Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. During last year’s refund season, the average family received $US2,727 back from the […]

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Credit Karma Tax is an online tax software that guides you through a […]

It’s the first tax season under the new tax law President Donald Trump enacted in late 2017. While most Americans saw a decrease in their overall tax bill for 2018, many complained about smaller refunds during the first few weeks of the tax-filing season. Getting a tax refund means you […]

The 2019 tax season is the first to observe President Donald Trump’s Tax Cuts and Jobs Act (TCJA). The tax law made sweeping changes to the US tax code, including limiting the annual deduction amount for state and local taxes (SALT) to $US10,000. The Treasury Inspector General for Tax Administration […]

Tax Day is April 15 this year. If you’re expecting a federal tax refund, you can check the status on IRS.gov. If you e-file and choose direct deposit, the refund should appear in your account within 21 days. States that tax income also issue refunds, and you can check the […]

I’ve been using tax filing software TaxAct for a few years now to file my taxes online, and I’ve found it to be straightforward and easy. TaxAct is especially useful for people who have slightly more complicated tax situations – I use it to file both my freelance income and […]

Some tax deductions and tax credits for businesses and individuals are unique to the United States tax code. The Foreign Earned Income Exclusion, for example, allows expats to avoid paying US taxes on income earned in the country where they live and work. New under the Tax Cuts and Jobs […]

Tax Day 2019, the last day to file your 2018 tax return, is Monday, April 15. According to IRS data for the second week of this year’s filing season, the average federal tax refund amount was down 8.7% from last year, to $US1,949. Smaller refunds are drawing the ire of […]

With a full-time job and freelance income, filing taxes can be complicated. For the third year, I’m using TurboTax to file my tax return. So far, I’ve found the site helpful and fairly easy to use – especially in tandem with other online tools and apps. Although I won’t be […]

According to the Urban-Brookings Tax Policy Center, more than 76 million Americans don’t owe federal income tax for the 2018 tax year. That’s compared to more than 95.6 million Americans who owe an income tax of at least $US5 and must file a tax return with the IRS. Some Americans […]

Democrats are attacking Republicans’ Tax Cuts and Jobs Act after reports indicated that tax refunds dropped during the first week of the 2019 tax season. Democrats say the decline in refunds proves the law did not benefit the middle class. But that doesn’t tell the whole story. Taxes for middle-income […]

Tax Day 2019, the last day to file your 2018 tax return, is Monday, April 15. I filed my tax return for free through H&R Block just a few days after the IRS tax-filing season began on January 28. It took about an hour, and I should get my tax […]

Tax Day 2019, the last day to file your 2018 tax return, is Monday, April 15. Fortunately, b oth H&R Block and TurboTax provide free tax preparation services. Business Insider compared the two services to find out which one was easier to use. This post was originally published in 2018. […]

Tax Day 2019, the last day to file your 2018 tax return, is Monday, April 15. According to IRS data, the average federal tax refund amount is down about 8% from last year, to $US1,865. If you have your W-2 handy, it will take less than five minutes to estimate […]

Tax Day 2019 is Monday, April 15. The government shutdown is now into its second month, but the IRS says it will still accept returns and provide refunds to taxpayers starting January 28. You can file your taxes as soon as you receive your W-2 form from your employer, which […]

Tax Day 2019 is Monday, April 15. On Tuesday, an AP report said a total of 46,000 IRS employees will return to work without pay to process tax returns and pay out refunds. Since the government shutdown began more than three weeks ago, the IRS has been operating with about […]

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Tax Day 2019 is Monday, April 15. The IRS has a free tax […]