Delayed Income Tax Returns: What Can Happen and When the IRS Must Pay Interest

Is your income tax return still pending? The IRS may have to pay you interest Every year, when the income tax campaign ends, many people find themselves in the same situation: they filed their tax return with a refund, time has passed and the Treasury has still not paid them the money. What many people do not know is that, when the Administration delays more than allowed, the taxpayer may be entitled to charge interest in addition to the…

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Billetes de 100 euros, monedas y calculadora para hacer la declaración de la renta

Myths and Realities about the Spanish Income Tax Return: Separating Truth from Deception

The Spanish income tax return is surrounded by a number of myths and misunderstandings that can confuse taxpayers and lead them to make the wrong financial decisions. In this article, we will challenge some of the most common myths and separate the truth from the hoax. One of the most widespread myths is that all self-employed individuals must pay additional taxes on their income. While it is true that the self-employed are subject to a specific tax regime, not…

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Persona rellena el formulario

Understanding Your Income Tax Return Results: Why Pay or Refund?

It is common for taxpayers to be surprised to find out if they are due to pay additional taxes or if they will receive a refund on their tax return. In this article, we will analyze the reasons behind these divergent results and give you practical tips to influence the outcome of your return. One of the most important factors that determine whether you will pay or receive a refund is the level of tax withholding you had during…

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NEWS: GUARANTEED CITIZENSHIP INCOME (RGC)

The government of the Generalitat has approved this Tuesday, April 28, the regulation of the Law of the Guaranteed Income of Citizenship (RGC) that extends to various vulnerable groups and will allow the aid to be received, even if they work part-time: Large families. The long-term unemployed over 55 years of age. It includes women victims of sexist violence as beneficiaries. WHAT IS GUARANTEED CITIZENSHIP INCOME (RGC)? The Guaranteed Citizenship Income (RGC) is the social benefit through which the…

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