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Tag Archive: refund

Jul 23 2015

IRS SCAMMERS: Five Ways to Know if There’s an IRS Imposter on the Phone

DALLAS — The Internal Revenue Service issued a consumer alert providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS. These callers may demand money or may say you have a refund due. Bottom line—they try to trick you into sharing private information. These con …

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Jul 10 2015

AG, Texas Insurance Commissioner Obtain Approval of $84M plus Settlement with Farmers Insurance

Texas Attorney General Ken Paxton announced the approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 case filed by the Texas Attorney General’s Office and the Texas Department of Insurance. “People in Texas and across the country need to have confidence in the companies they …

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Permanent link to this article: http://www.easttexasreview.com/ag-texas-insurance-commissioner-obtain-approval-of-84m-plus-settlement-with-farmers-insurance/

Oct 09 2013

Lower income? Don’t pass up the saver’s credit

In 2002, Congress passed legislation to create an income tax credit designed to encourage lower- and middle-income people to save money for retirement. The saver’s credit, worth up to $1,000 a year for individuals ($2,000 for couples filing jointly), rewards people for contributing to an IRA or 401(k) plan. benefit from the saver’s credit are …

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Permanent link to this article: http://www.easttexasreview.com/lower-income-dont-pass-up-the-savers-credit/

May 06 2013

Escape tax surprises

Many taxpayers have more taxes withheld from their pay than necessary. You should try to have your income tax withholding match your actual tax liability, especially if you normally get a large refund and you would like more money in your paycheck. If not enough tax is withheld, you will owe tax at the end …

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Permanent link to this article: http://www.easttexasreview.com/escape-tax-surprises/

Apr 19 2013

Before you rent, do your homework

Maybe you’re a college student looking to rent your first apartment; or a downsizing homeowner reentering the rental market for the first time in decades. Whatever your situation, there are many precautions you should take before renting any property. The last thing you want is to be saddled with a 12-month lease you can’t afford …

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Permanent link to this article: http://www.easttexasreview.com/before-you-rent-do-your-homework/

Mar 07 2012

College Tax: Beware of bogus refund schemes

The Internal Revenue Service has warned senior citizens and other taxpayers to beware of an emerging federal tax refund scam tempting victims to file tax returns claiming fraudulent refunds. Bogus refund claims have been identified across the nation with significant pockets of activity in at least six states, including California, Georgia, Michigan, Louisiana, Alabama and …

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May 31 2011

Tax advice for newlyweds

It may not be high on the list of wedding plan activities, but there are a few, simple steps that can help keep tax issues from interrupting newly-wedded bliss, according to the Internal Revenue Service. “With the spring wedding season in full swing, new couples may want to review their changing tax situation,” said Clay …

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Permanent link to this article: http://www.easttexasreview.com/tax-advice-for-newlyweds-2/

Apr 07 2011

Smart uses for your tax refund

Each spring, millions of Americans look forward to receiving a hefty income tax refund. And it truly is “hefty” with the average federal refund in 2010 hovering around $3,000. That’s a lot of money to be giving the government through what is essentially a year-long, interest-free loan. If you regularly receive large refunds, you’re probably …

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