What is the Earned Income Tax Refund Credit?

The earned income tax credit (EITC) subsidizes low-income working families. The credit equals a fixed percentage of earnings from the first dollar of earnings until the credit reaches its maximum; both the percentage and the maximum credit depend on the number of children in the family. The credit then stays flat at that maximum as earnings continue to […]

Tax refund advance

Where’s your refund? You can get your tax refund instantly by signing up for a tax refund advance. IRS Refund Cycle The IRS website states that “The IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year. The same results are expected in 2013.” This means that you will […]

Deadline for claiming 2009 Income Tax Refund.

The deadline for filing your 2009 Income Tax Refund is steadily approaching. The IRS deadline for claiming 2009 Income Tax refund checks is April 15th, 2013. You will need to paper file your return by April 15th to claim your 2009 refund checks. This is for federal income tax refunds only. “Refunds totaling just over […]