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Posts tagged with: irs

The Tax Man…

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I’m facing my biggest foe this weekend… the IRS. This is the second year we have decided to prepare our taxes ourselves with free tax software. It’s a huge savings from the $200+ we were spending on our accountant but I’m always a little leery about dealing with the government on my own… and I work for the government.

That should tell you something.

We will still have to consult with a friend about some questions we have, but I’m hoping we’ll come out on top again. We got a huge chunk of cash back last year but we didn’t adjust our withholdings since our deductions were changing this year. I know Dave Ramsey yells at people who let the government withhold too much money, but since our deductions are far from predictable, we have to take a safe route.

I’ve cleared my schedule (and the living room floor), chilled a 6-pack of beer to keep hubby interested, and I think we’re ready.

Poll time!

Do you prepare your own taxes or pay an accountant?


About 15,000 Stimulus Payments Sent to the Wrong Accounts

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Some of you have commented that you haven’t received your stimulus payment yet, even though you should have. I just saw this news clip and thought I would pass it on:

ABCnews.com

According to ABC News, about 15,000 stimulus payments were routed into the incorrect bank account due to a computer error. It didn’t give more detail than that.

If you should have received your payment but didn’t, there is a hotline number to call at the bottom of the stimulus payment info page at the IRS website.

EDIT (11:14 p.m.): Here’s a link to a Yahoo story that claims that the number is 1,500. It also notes that some households did not receive the $300 for a child refund.