tax return Tag

There are plenty of reasons you may need a tax extension this year which, in general, the government will accept unless there’s an extraordinary circumstance. However, there are a few important things to keep in mind if you’re going to take that route. After weighing some of the pros and cons, there are things you need to know should you choose to file for a tax extension this...

Let’s be honest, if you are eagerly awaiting your tax return, you are not planning to spend it on the right things.  Too often people get a chunk of money they usually do not receive at any other time in the year and their eyes light up.  If you are really excited to get your refund this year, it is doubtful that you plan to pay off credit card debt, take care of healthcare-related expenses,...

This time of year a lot of workers’ thoughts turn to whether they will get a tax refund, or have to pay in a bit more to Uncle Sam. For those of you that do get a refund, it can be a real boost to your finances, allowing you to put some money aside for a rainy day or to pay off existing debt. But if your debt load is such that it cannot be eliminated with a tax refund, you might be thinking...