What is
RealTimeTaxes?
A proactive tax solution that gives users visibility and control of their income tax withholding throughout the year so April is a planned outcome, not a surprise.
Did you know?
78% of people making less than $50K OVERPAY their taxes by an average of over $2,000 per year.
And, 10% of this same income group take out a payday loan, with an average loan size of $430 (per National Debt Relief).
At RealTimeTaxes, we offer an alternative: Instead of overpaying, put your money in an interest-bearing, accessible account.
More Surprising Tax Facts
Accuracy
Only 4% (6.6M) of all tax returns reflect accurate withholding (not over- or under-withheld).
Overpayment
70% of all tax filers (113M) overpay their taxes throughout the year, for a total of over $500B.
Underpayment
On average each year, 26% of all filers (41M) owe taxes, for a total of over $280B.
Penalties
9% of of all filers (14M) underpay so severely that they owe a penalty at tax time.