News

Keep informed and educated about the credit counseling industry, credit and money management issues.  In this section you'll find articles on a variety of topics.  Just click on the title to get to the article.  Remember to check back often for new information.

Advantage Credit Counseling Service offers the following tips for tax filing:

 

Pennsylvania residents can file their federal and state income taxes for free through Pennsylvania’s I-CAN E-File at www.icanefile.org. Residents with low-to-moderate income who meet certain guidelines may also qualify for up to a $4,700 refund as part of the Earned Income Tax Credit, according to the IRS.

 

There are some common mistakes people make when filing their taxes. Make sure:

1)      To enter your Social Security number correctly.

2)      That your deduction totals are correct.

3)      That your withholding and estimated tax payments are on the correct lines.

4)      To sign and date your return.

 

Those who find themselves with a particularly large refund or shortage may want to adjust the number of allowances claimed for federal income tax withholding.

 

Remember that some employers do not deduct local wage taxes. If an employer does not deduct this tax, the employee is responsible for paying this tax to the municipality where he or she lives. Generally this tax is 1 percent, but it may be less in some municipalities.

 

People who receive a refund will have to decide what to do with that refund.  Advantage CCS recommends using a refund to pay down debts or put the money into savings. Whether the money should be used to pay down debts or go towards savings really depends on each individual’s circumstance. Those who would like advice about how to handle their refund can contact Advantage at (888) 511-2227, and a certified credit counselor will help them go over their budget and determine the most prudent way to use their refund.

For confidential credit counseling, get started
with our free no-obligation online intake form.

Click to Get Started>>

Get Free Immediate
Debt Counseling!

· Avoid Bankruptcy · Reduce High   Interest Rates · Stop Harassing   Creditor Calls

Call 866-699-2227 >>