Do you believe that you’ll receive a tax refund this year?
You might have heard that to stop tax fraud, refunds are going to be held longer. This applies especially to the Earned Income Tax Credit (EITC).
But with H&R Block, you can get the money you need right now.
What is a Refund Advance Loan?
A refund advance is something several tax platforms offer. You apply for a refund advance, and the money is loaned to you.
Instead of paying it back, the money is taken from your tax refund instead.… Read the rest
H&R Block has become something of an industry disruptor with its simple service that allows you to estimate your tax refund in as little as five minutes.
With the free online tax calculator from H&R Block, you just need your approximate earnings and deductions and you’ll be able to estimate your next tax refund in just five minutes. It will also provide you with information regarding what you can expect to receive the following year.
You’ll need to answer certain questions about health insurance, marital status, age, and the number of dependents you have.… Read the rest
What are the 2021 Tax Refund Schedule Dates?
The IRS tax refund schedule dates according to the IRS are 21 days for e-filed tax returns and 6 to 8 weeks for paper returns.
So, in theory, if you e-file your tax return, on the starting day of January 27th, 2021, you should receive your tax refund by February 16th or a paper check between March 9th and March 23rd.
When Can You Expect to Receive Your Tax Refund?
… Read the rest
The major tax law changes implemented and the Tax Cuts and Jobs Act (TCJA) has a lot of people worried about what it could mean for their taxes. People have a lot of questions, but we can help prepare you for the things that lie ahead.
To provide a range of useful tools to their clients, H&R Block has unveiled a brand new feature to help taxpayers understand the impact of the recent tax reform.
You’ll be able to find out your new tax liability.… Read the rest
A tax refund can go a long way in changing the life of its receiver, whether it is saving or paying debts. In fact, in 2019, the total tax refund amount was approximately $2800 for almost 75% of taxpayers receiving a tax refund. So, how to do you get your tax refund faster?
The recommended way is to efile and use direct deposit to get the fastest tax refund.
During the last tax season, 58% of taxpayers received their tax refunds through this method.… Read the rest
Are you trying to figure out how much your tax refund will be from the IRS this coming season?
While there’s a few ways to tell, you can get a pretty accurate estimate by using an online tax refund calculator.
By getting a rough idea of the size of your tax refund, you can start making plans as to how you’ll spend that tax refund.
Where to Find a Tax Refund Calculator
Major tax preparation services all offer a tax refund calculator so you can estimate how much your tax refund will be.… Read the rest