April 16, 2019
“Of the 150,272,157 tax returns filed for the 2016 tax year, 50,219,667—or 33.4 percent–were classified by the Internal Revenue Service as “nontaxable returns,” meaning the people who filed them paid $0 or less in income taxes, according to data published… Continue Reading…
April 11, 2019
“Despite the fact that about 80 percent of Americans are expected to receive tax cuts this year under Trump’s 2017 tax bill, only 17 percent believe they’re benefitting financially, according to a new poll cited Monday by CNBC… For most… Continue Reading…
April 10, 2019
“Individual tax refunds this year have been only slightly smaller than last year, but those shortfalls are adding up. At the end of last month, the amount of money the government refunded was $6 billion below this time last year,… Continue Reading…
March 22, 2019
“…Nearly 11 million taxpayers will be affected by the new cap on so-called SALT deductions on the taxes they file this year, and could lose out on a cumulative $323 billion, according to a February estimate from the U.S. Treasury… Continue Reading…
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