IRS says average tax refund is about 11% less this year
However, the number of people receiving refunds is up this year
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However, the number of people receiving refunds is up this year
The average refund dropped from about $3,200 to $2,900, or about 11 percent less.
Everything you need to know about TurboTax before the 2023 tax deadline.
Here's everything you need to know about filing your federal income taxes in 2023.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
Taxpayers could save on taxes because of a higher standard deduction and more generous thresholds for each bracket.
Several popular tax breaks have changed since you filed your 2021 return
The documents contain details that were not previously public, such as loans he gave to his children, income from book royalties and Melania's modeling, and how much of his presidential salary was given to charity.
After a long legal fight, a House panel investigating the former president on Friday released new details of his tax returns.
Gov. Ron DeSantis said Thursday he plans to call a special legislative session to provide property-tax relief to people affected by Hurricane Ian, with the session possibly addressing property-insurance issues.
The tax agency said it is also boosting the contribution threshold for IRAs due to inflation.
Some of the biggest changes in at least a decade are in store as the tax agency raises the income thresholds for tax rates.
Lawmakers placed the proposed constitutional amendments on the ballot
With inflation pushing up prices of taxable items, Florida's general revenue substantially topped expectations in June and in the recently completed state fiscal year.
That money would go to schools, specifically for security and salary supplements for teachers and others.
Miami-Dade Mayor Daniella Levine Cava released the 2022-2023 proposed budget for the county.
The notices, called CP14 letters, are sent to people whom the IRS believes owe more in taxes.
Florida Republican Sen. Rick Scott dropped his proposal requiring low-income Americans to pay at least some federal income tax in his revised agenda for the country, after facing withering criticism from fellow Republicans in Washington, President Joe Biden and Democrats.
