Jordan Tax Financial

Tax Refund Alert

Please do not forget that if you received a cash advance, it will be paid back out of your tax refund. Your tax preparation fees will also be deducted.

For example, if you received a $7,000 cash advance and your total refund is $8,000, do not expect the full $8,000 to hit your account. After the advance is paid back and fees are deducted, you may only receive a few hundred dollars, and in some cases just a few dollars, on your expected deposit date.

Also, if you owe a debt, the IRS will offset it first. No matter how much is left after that debt is taken, your tax preparation fees will still be deducted.

Please keep this in mind before your deposit date so there are no surprises.

If you want to check to see if your refund will be offset call 1.800.304.3107

I don’t care how many kids you have.

If your income is too high, too low, you had no federal taxes taken out, or you’re self-employed, please stop expecting unrealistic tax refunds.

Tax refunds are not based solely on how many children you have.

Your income, withholding, filing status, and credits all matter.