At Telco Credit Union, we know it can be difficult to save money, but we also know that saving money can benefit you greatly in the long run. Telco serves Greenville, Tarboro, Rocky Mount, and the Eastern North Carolina area. You can trust us with all your financial needs. Whether you want to open a checking or savings account, take out a loan, finance your mortgage, or become a Telco member/owner, we’ve got you covered.

During a time when many people are hurting financially, you probably want to get your tax return back as quick as possible. Here’s how:

E-file. According to the IRS, nearly 100 million tax returns were filed electronically in 2010, and taxpayers have e-filed nearly 1 billion Form 1040 series tax returns safely and securely since 1990. To file your return electronically, you will need a computer with Internet access. The IRS website, www.irs.gov, lists tested and approved tax preparation software companies.

Avoid common errors. Errors when preparing your return can delay your refund, so consider checking out a list of common errors to avoid at www.irs.gov. The IRS suggests that the most common tax-filing errors are:

  • Incorrect or missing Social Security numbers.
  • Incorrect tax entered based on taxable income and filing status.
  • Errors when figuring out income, deductions, credits and exemptions.
  • Withholding and estimated tax payments entered on the wrong line.
  • Math errors.

Take advantage of direct deposit to save time and prevent your refund from getting lost or stolen in the mail. Simply provide the IRS with your account number(s) and your credit union’s routing number, and your refund will be deposited directly into your account.

Roughly 72 hours after you’ve filed your return, you can track the progress of your refund on the IRS website’s Where’s My Refund page. To help build a healthy financial future, consider using your refund to fund a savings account at Navigator.

We hope this helps! Budgeting can be complicated, frustrating, and difficult, but it can also lead you to financial freedom and increasing your savings. At Telco, we want you to feel that financial freedom. Contact us if you have any questions, or if you’re interested in any of our services! We are proud to serve the Eastern North Carolina area as a primary credit union.

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