The States are Broke! How to Protect Your State Tax Refund StatusPublished:
You may have heard that some states have had trouble in the recent past paying out funds from each taxpayer’s state tax refund status. You may have even experienced it first hand. Either way, you may be worried it’s going to happen again this tax year. You may really need your state tax refund status funds fast and any delay could be costly. What should you do to protect yourself?
The main problem with states not paying each taxpayer’s state tax refund status funds on time is running out of money. Thus, you should file your taxes as soon as possible. If you get yours in before problems arise, you should be able to get the money from your state tax refund status soon.
Do you usually take a long time to complete your tax forms? You might consider taking your return and all your info to a tax preparation office. The experts at these companies do taxes all day and will be able to get you through your taxes sooner. This, in turn, means you should see the money from your state tax refund status sooner.
State Tax Refund Status Advance
Another reason to go to a tax office to file your taxes is the state tax refund status advance option. You can do this for federal as well. When you file, you can tell your tax preparer that you would like your money instantly.
The tax office will hand you an advance of your state tax refund status funds. Often it’s through a card they issue you that works much like a credit card. This way, if your state is actually having problems, they shouldn’t affect you. You have your money in your pocket and the tax office will get the money from your state tax refund status… eventually.