Many financial experts are warning that refunds will be smaller. You may even find yourself owing money instead of getting some back. There are mulltiple reasons you may not get a refund this year. For six common reasons some people could owe money to the IRS, CLICK ON THE HEADLINE
if you’re really savvy about your finances, you’ll make moves that take into account your future tax liabilities and to boost your refund from Uncle Sam next spring as well as years to come. CLICK ON THE HEADLINE FOR MORE
Tax credits come in two types: refundable and nonrefundable. While both are nice, refundable tax credits offer the better deal because they can reduce your tax liability below zero. CLICK ON THE HEADLINE FOR MORE
Hitting zero with the taxman — that is, neither owing a balance nor receiving a refund — is an indication that you paid exactly the amount of tax liability you owed. CLICK ON THE HEADLINE FOR MORE