Does the hustle and bustle of everyday life leave you wanting a place to relax? What if you could experience a natural oasis from urban and suburban life just steps away from the Motor City? The Huron-Clinton Metropolitan Authority, Metroparks, is a special regional park district that spans nearly 25,000 acres in southeast Michigan and receives an average of 8 million visitors annually.
What would you do with $2,763? That’s the average refund American taxpayers received last year, and many are already planning how to spend their next windfall. A recent survey by TaxSlayer, a tax preparation and financial technology company, found that saving (43 percent) and paying off debts (42 percent) topped the list of possible tax return uses among the nearly 2,400 taxpayers surveyed. However, not all were planning to be so frugal: 13 percent intended to treat themselves to a gift, while another 13 percent expected to treat themselves to an experience (such as an expensive dinner or a vacation).
The days of mailing in paper tax returns are long over. This year, the Internal Revenue Service (IRS) expects Americans will electronically file at least 90 percent of the more than 155 million returns expected by the April 17 tax deadline. That’s not so surprising, given the steady increase in the popularity of e-filing among tax professionals as well as self-preparers. What is surprising, however, is that only a fraction of the estimated 100 million Americans eligible to prepare and e-file their federal tax returns for free will cash in on that opportunity.
When it comes to your money and finances, nobody wants to pay more taxes to Uncle Sam. That’s why now is a critical time to check up on your tax health, with the end of the year approaching and Congress considering an overhaul of the nation’s tax code.
One of the ways you can assess your tax situation is through the help of an agent. James Adelman is an agent in Tulsa and the president of the National Association of Enrolled Agents (NAEA). He spoke to RewardExpert about how working with an enrolled agent can benefit you.
Many Americans and American businesses would love to save more money and pay less taxes. The issue is heightened even further, as the Trump Administration and Congress considers making significant changes to the US tax code. Plus, the end of the year is nearly upon us, so many taxpayers are making last minute plans to put themselves in the most financially-prudent position ahead of next year’s tax filing deadline.
No one likes paying taxes to Uncle Sam, but its something Americans must do every year on April 15. If you’re like most frequent flyers, you’re looking for ways to earn a few miles for paying your share. Here’s some advice to help you maximize your earnings at tax time and a warning about why paying taxes with a credit card is usually not the best idea.
