What is E-Filing?
E-filing lets you transfer your tax information directly from your computer to the IRS.
The advantages of e-filing include:
- The IRS receives your return almost instantly, unlike a mailed paper return.
- E-filed returns contain fewer errors. The IRS doesn’t need to re-enter your tax information in its system.
- If you expect a refund, you’ll receive your refund check within three weeks.Your refund will come sooner if you deposit your refund directly into your bank account. If you file a paper return, it usually takes four to eight weeks to receive a refund check.
Head of household is a filing status for single or unmarried taxpayers who have maintained a home for a qualifying person, such as a child or relative. This filing status provides a larger standard deduction and more generous tax rates for calculating federal income tax than the Single filing status.
Have you ever thought about investing in a Cayman Islands tax haven? Before opening an account, or making adjustments to an already existing account, review these tax tips.
Are Veterans benefits taxable? Our H&R Tax Professionals address your veteran's related tax questions in honor of our soldiers this Veteran's Day.
Due to the recent TCJA changes, we have re-released our trusted Tax Calculator. With a side-by-side comparison, you can now plan for this year's tax filing.