Jennifer Owens From H&R Block

Jan 24, 2017 · 10m 8s
Jennifer Owens From H&R Block
Description

No two tax seasons are created the same. Many people end up filing their returns without properly protecting themselves or knowing new laws, penalties and possible credits. So what are...

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No two tax seasons are created the same. Many people end up filing their returns without properly protecting themselves or knowing new laws, penalties and possible credits.

So what are the most important items for taxpayers to know this year? Taxpayers should know that an estimated 15 million refunds are expected to be delayed as a result of a law called the PATH Act, new legislation designed to help protect taxpayers from fraud. People who do not have health insurance could face a steeper penalty this tax season but they may qualify for exemptions. Despite these changes, there are several ways filers can maximize their refunds and avoid further delay.
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Author Arroe Collins
Organization Arroe Collins
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