American Tax Service

Helping Americans File Their Taxes

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H&R Block Emerald Refund Advance Loan

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?

H&R Block emerald 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

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Tax Refund Schedule Dates 2022, 2023

What are the 2022, 2023 Tax Refund Schedule Dates?

Find out what the IRS tax refund schedule dates are this year.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, 2022, 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?

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Dependents – The Tax Deductions They Bring

Kids can be stressful at times, but the good news is they can save your butt during tax time. Today we are sharing some of the tax benefits that kids and other dependents bring to you.

Dependent Tax Deductions

dependent tax deductionsYou may be able to claim more dependent tax deductions and credits as a family than single taxpayers. However, if you’re not aware of these deductions and credits, you might be losing out on significant tax breaks.

Child Tax Credit

The child tax credit is better than the deductions because your taxes are reduced dollar for dollar.… Read the rest

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What is Capital Gains Tax on Your Home Sale?

What is the capital gains tax rate on homes and real estate?Are you wondering if you’ll have to pay capital gains tax on your home sale?

Many people do not know that a large portion of homeowners who sell their homes can avoid capital gains tax on their home sales.

How Much is Capital Gains Tax on the Sale of a Home?

When selling your primary home, you can make up to $250,000 in profit or double that if you are married, and you won’t owe anything for capital gains. The only time you will have to pay capital gains tax on a home sale is if you are over the limit.… Read the rest

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What Does H&R Block Tax Filing Cost?

Preparing and filing your taxes can be stressful and intimidating. However, many different companies can help you with the process.

H&R Block tax filing pricesH&R Block is one such tax company that provides you with all the tools and services necessary to help you file your taxes on your own.

But what about the cost of filing your taxes?

How Much Does H&R Block Cost?

Doing your taxes yourself will save you money in most instances.

For example, H&R Block allows its clients to complete their own taxes online and offers a 35% discount for doing so.… Read the rest