Is the mere thought of Internal Revenue Service scrutiny enough to give you nightmares? For many Americans, it is. In a recent survey of more than 2,500 taxpayers, TaxAudit, the nation’s largest audit defense service, found that 47 percent feel anxious when they receive correspondence from the IRS. And while 65 percent are confident that their tax returns are error-free, 29 percent still worry the IRS will audit them.
Metroparks: Good for Your Wallet and Your Mind
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.
Get Your Tax Refund Faster with TaxSlayer
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).
100 Million Americans Eligible to Prepare and E-File Their Federal Tax Returns for Free
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.
Nearly Half of Small Business Owners Believe Tax Reform Will Benefit Their Business Finances
Republicans accomplished a feat this past week that had eluded them for more than three decades—a sweeping overhaul of the U.S. tax system. Passed through the Senate and House on party lines, and celebrated outside the White House by Republican legislators and the president, the bill is less popular with the American public. According to a recent CNN poll, only 33 percent favor the GOP’s proposed tax code.
On the other hand, an earlier survey by Paychex, a payroll and HR solutions company, found that tax reform has a more favorable rating among the small businesses it was intended to stimulate. RewardExpert spoke with Mike Trabold, Paychex’s Director of Compliance Risk, about the survey results.
This Is Why You Shouldn’t Withdraw Cash From Your Credit Card
Credit cards should not be viewed as a way to access cold hard cash like an ATM. The goal of a credit card is as follows: a bank issues you a line of credit (also known as the card’s credit limit) and you are allowed to use the card to finance various expenditures up to the credit limit. You must pay back all of your expenditures in full on a due date set by the credit card issuer.
How to Transfer Miles and Points to Family and Friends
Have you ever wanted to transfer
Using Stopovers on United to See More: Europe and Asia
In our last post on stopovers, we talked about how to use United’s free stopovers to see two places in Europe for the same amount of miles as a roundtrip. In this post, we’ll discuss how to visit two destinations on two continents using United stopovers.
Magnificent Victoria Falls
Victoria Falls is twice as high as Niagara and more than twice as wide. Located in southern Africa in Livingstone, a town named after the first European to discover this natural wonder, the waterfall is on the border between Zimbabwe and Zambia.
How to Book Japan Airlines Awards
Japan Airlines (JAL) is the flagship carrier of Japan. JAL’s planes and service in all cabins are consistently rated among the best in the industry. Their award program, JAL Mileage Bank (JMB), is flexible and offers some great redemption rates on flights between the U.S. and Japan. They are also a member of the powerful oneworld alliance.