016 The Government is Not a Christmas Club Account for Taxes
In this week’s Your Tax Teacher Podcast, I discuss preparing for 2013 and the Form W-4. This tax form is used to determine the amount of the tax withheld based on the wages, number of exemptions, marital status. Additionally, I discuss that the IRS is not a Christmas Club Savings Account nor are the States. Given the current state of their budgets, it may be months before tax refunds are issued for some States. The IRS is predicting that that it may be Mid-February or Mid-March before they can process some tax returns.
The withholding calculator that I discussed in the podcast can be found at:
If you have a tax question or want to leave a comment about the show, please send an email to firstname.lastname@example.org http://www.yourtaxteacher.com
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
Navigating The Tax Headline of the Week
NewsletterQ&A coming soon.
Tax TipsThe Additional Child Tax Credit is available on dependents under the age of 17.
- CIRCULAR 230 DISCLOSURE "We are required by IRS Circular 230 to inform you that the advice contained herein (including all attachments) was not intended or written to be used for the purpose of avoiding any penalties that may be imposed under Federal tax law and cannot be used by you or any other taxpayer for the purpose of avoiding such penalties."
Your Tax Teacher Podcast Recent EpisodeTax refunds will start....
Subscribe to the Your Tax Teacher Weekly Navigating the Tax Headlines and Get the Millionaire Tax Strategy for FREE!