As Australians settle into the new financial year, thoughts inevitably turn to tax returns and potential refunds. However, the Australian Tax Office (ATO) urges taxpayers to exercise caution before rushing to submit their 2023/24 tax returns. Taking a measured approach can avoid common pitfalls and ensure a smoother, more accurate filing process. Why Waiting Might … Read more
Tax season is upon us, and many folks are eagerly awaiting their tax refunds for a much-needed financial boost. However, this year, there might be some delays in getting those refunds from the IRS. They usually have a schedule for processing refunds, but various factors could slow things down this time around. New Tech Efforts … Read more
Although filing taxes early may not sound enjoyable, it’s a wise financial and mental decision. Obtaining your W-2 form from your company at the end of January is essential to getting off to a good start, according to tax expert Michael Herzog. The income you made last year is displayed on this form. Your refund … Read more