Accountants find little relief in extended tax deadline

Apr 14, 2020
Tomorrow was supposed to be Tax Day. Accountants are not resting.
This year, the federal tax deadline has been pushed back to July 15.
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Tax Day is July 15. Here's what you need to know

Mar 23, 2020
If you are getting a tax refund, which more than 70% of Americans do, you can still file your taxes now and get your money.
This only applies to federal tax returns. Whether you still have to file your state and local taxes by April 15 depends on where you live.
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How does an extra 90 days to pay taxes help Americans?

Mar 18, 2020
A 90-day extension to pay taxes owed to the federal government will help people come up with a game plan.
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A tax refund is a lifeline for a lot of Americans

Mar 4, 2020
Last year, after the Tax Cuts and Jobs Act of 2017 went into effect, a lot of people saw their tax refunds shrink or disappear.
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How new tax law has affected size of refunds

Feb 3, 2020
Final refund numbers from last season might be evidence that people heeded warnings and changed their withholding.
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How the U.S. tax code makes inequality worse

Nov 13, 2019
New research reveals new insight into the ways in which race or gender can affect a tax bill.
House Ways and Means Committee member Rep. Tom Reed (R-NY) keeps a stack of books that document the current federal tax code and related regulations on his desk during the first markup of the proposed GOP tax reform legislation.
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What the GOP tax plan is doing to home values

Oct 10, 2019
A new report says the GOP tax plan is making home values lower than they’d otherwise be in some parts of the country.
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IRS taxpayer advocate leaves, no replacement yet

Jul 31, 2019
National Taxpayer Advocate Nina Olson is stepping down on July 31.

President Trump to award Medal of Freedom to Economist Arthur Laffer

Jun 18, 2019
One of Arthur Laffer’s enduring contributions was the Laffer Curve, an economic theory to do with the relationship between tax rates and tax revenue.
Economist Arthur Laffer speaks about the economy during a panel discussion at the Heritage Foundation on December 18, 2014 in Washington, DC.
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Is there a sweet spot for sugary drink taxes?

May 28, 2019
National Bureau of Economic Research figures show a national tax of between 1 and 2.5 cents per ounce of drink would save society $7 billion per year.