Courtney Campbell Reviewed.com Published 11:55 AM EDT Apr 4, 2019 — Our editors review and recommend products to help you buy the stuff you need. If you make a purchase by clicking one of our links, we may earn a small share of the revenue. However, our picks and opinions are independent from USA Today’s newsroom and any business incentives. Doing your taxes might suck, but getting your tax refund back feels fantastic. It's as if you're getting free money added to your bank account (even though it's really just money you earned that the government took too much of). Now, you just need to decide on what to spend it on. I mean, a tax refund is the perfect excuse to treat yourself. Instead of blowing your newfound money on some trendy piece of clothing or cool-looking gizmo, you might want to invest a high-quality product that will last you years to come. Here at Reviewed, it's our job to test and rate hundreds of products throughout the year, … [Read more...] about The 50 best things to buy with your tax refund
What taking my tax refund so long
Kelly Tyko USA TODAY Published 8:21 PM EDT Mar 14, 2019 If your tax refund comes in double the amount you were expecting, you might want to hold off before planning a shopping spree. Nearly 66,000 Louisiana taxpayers who recently received bigger state refunds are finding out it was an accident, not a windfall. According to WAFB-TV in Baton Rouge, Louisiana has accidentally paid double tax refunds amounting to almost $26 million. Division of Administration spokesman Jacques Berry told the CBS-affiliate that the state is in the process of trying to recover the money. The duplicate refunds were discovered Wednesday, Berry said. Most of the refunds were sent by direct deposit, and banks are being contacted to reverse the overages. A small amount of the refunds were placed on debit cards and those amounts are being “backed out,” Berry told WAFB. Berry urged anyone who received a larger refund than what they are actually due to not spend the money, WAFB reported. … [Read more...] about Double tax refund: Louisiana gave 66,000 taxpayers double refunds
Janna Herron and Susan Tompor USA TODAY Published 9:48 AM EST Jan 25, 2019 Sitting down to do your taxes in the next few weeks — or talking with your tax preparer — will involve tackling the most sweeping changes in the federal income tax rules in more than 30 years. You'll need to keep in mind that more than 600 rule changes took place under the Tax Cuts and Jobs Act, which was passed by Congress in late 2017. All those changes even drove some industry experts to raise concern early on about possible delays to the typical, late January start of the tax season — and that was long before the federal government shutdown hit on Dec. 22. Even so, the Internal Revenue Service promises to kick off tax season as of Jan. 28, the earliest date you can file your returns. Will things end up being simpler? Maybe — if you’re able to tap into a substantially expanded standard deduction and you no longer must string together all sorts of … [Read more...] about Taxes: New tax laws for 2019 filing
With IRS tax filing kicking off on Monday, brace yourself for a tricky tax season. It's the first year that taxpayers will be filing under the massive tax law overhaul pushed through by the Trump administration. And a month-long partial shutdown of the federal government threatens to complicate things further for some.The Trump administration has promised taxpayers will receive their refunds on time. Yet some IRS workers who have been called back to work during the furlough -- on an unpaid basis -- are asking to be excused from work because of financial hardship. That's raising questions about how the tax season and refund timing will unfold. Tax filing officially opens for individuals on Monday, Jan. 28. Here's what you need to know:Q. I still have to pay my taxes, right?A. Yes. Despite the shutdown, tax laws remain in effect. Individuals and businesses should keep filing tax returns and making payments as required.The IRS began accepting business tax filings earlier this month … [Read more...] about Tax returns: How the government shutdown, new law will impact you
MILLIONS of households were hit with a council tax increase in April 2018, taking the average bill in the UK to more than £1,600 a year - an increase of nearly £80. It can be tricky to keep on top of exactly how much tax you should be paying – and if you're in the wrong band, you might be owed money. Here's all you need to know. What are the council tax bands in England, Scotland and Wales and how can I check mine? The council tax band system was introduced in 1991, with each home in the UK assigned a band according to the estimated value of their home at the time. Band A represents the lowest value of a home (properties worth up to £40,000), while band H (I in Wales) represents the highest value (properties worth more than £320,000). You can check your council tax band here, but a £300,000 house in England, for instance, would be "Band G". In Wales it would also be "Band G", while in Scotland a £300,000 would be "Band H". … [Read more...] about What’s my council tax band, how do I claim a refund, who’s exempt from paying and how can I challenge my band?