Lower My Tax Now Blog
What to do if you can’t meet the filing deadline
Posted in Tax-Blog. Bookmark the permalink. | , April 2, 2014 | 0 Comments
If you can’t file your 2013 tax return by the April 15 deadline, file for an extension to get until October 15, 2014, to file. You can request the extension on paper, by phone, or online. You don’t need to explain why you need more time, but be aware…
myRA pilot program announced
Posted in Tax-Blog. Bookmark the permalink. | , March 26, 2014 | 0 Comments
Watch for details on a new retirement savings account called the myRA. The Treasury Department has been instructed to begin a pilot program for this new savings vehicle by the end of 2014. The myRA (my retirement account), would let workers open individual retirement accounts with as little as…
You have options for tax refunds
Posted in Tax-Blog. Bookmark the permalink. | , March 19, 2014 | 0 Comments
You can receive your income tax refund in several ways: (1) direct deposit into a single checking or savings account, (2) direct deposit split into up to three different accounts in up to three different U.S. financial institutions, (3) via a paper check, or (4) purchasing up to $5,000…
Notify the IRS about name changes
Posted in Tax-Blog. Bookmark the permalink. | , March 12, 2014 | 0 Comments
If you or a dependent had a name change last year, notify the Social Security Administration before you file your 2013 tax return with the IRS. Why? If the name on your tax return does not match SSA records, the IRS is likely to notify you about the mismatch….
