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It’s tax season again. You’ve gathered your W-2s, 1099’s and other pertinent information, completed your tax return and filed it.If you’re owed a refund, now all you have to do is wait.
Use of tax-time financial products, such as refund anticipation loans, in 2016. Refund anticipation loan (RAL) is a short-term consumer loan in the United States provided by a third party against an expected tax refund for the duration it takes the tax authority to pay the refund.
Explore More: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth. Wipe Out Credit Card Debt. Are you carrying any credit card debt? If so, get rid of as much as you can with your tax ...
The city of Marshfield reached a settlement last month with Marshfield Clinic Health System regarding a dispute over property taxes.
Tax refunds are intercepted with the purpose of forcing citizens to comply to their required debts. If one has student loan payments, child support payments, or worker's compensation payments that they have not fulfilled, then their refund will be intercepted and put towards the payments of those obligations.
In India, there is a provision of refund of excess tax along with interest. For claiming a refund one has to file the income tax return within a specified period. However, under Sections 237 and 119(2)(b) of the Income Tax Act, the Chief Commissioner or Commissioner of Income Tax are empowered to condone a delay in the claim of a refund. [15]
If you received a similar refund last year, it could mean that you’re withholding too much money, meaning that you gave Uncle Sam a tax-free loan all year. Find Out: 6 Reasons Your Tax Refund ...
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