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Congress Ended a Tax Break. How That May Help Higher Earners
Business

Congress Ended a Tax Break. How That May Help Higher Earners

Some people are being pushed into saving in Roth 401(k)s, but they may come out ahead despite losing a key tax deduction. Source link

Tax Day: IRS Left Fewer Taxpayers on Hold This Year
Business

Tax Day: IRS Left Fewer Taxpayers on Hold This Year

Markets Personal Finance The average wait time to speak to a representative dropped 85% this tax season, officials said Source link

IRS Refunds Are Smaller as Tax Day Approaches
Finances

IRS Refunds Are Smaller as Tax Day Approaches

With about two weeks to go until Tax Day, more than 80 million Americans, or about half of total taxpayers, have filed their 2022 returns

New Corporate Minimum Tax Could Ensnare Some Firms Over One-Time Moves
Business

New Corporate Minimum Tax Could Ensnare Some Firms Over One-Time Moves

Companies including CenterPoint Energy and American Water Works seek government guidance on how the sale of a business unit might trigger the 15% levy. Source