Day: May 1, 2019

Tax Law

A Closer Look at the Impact of Tax Refund on American Families

Americans are feeling the effects of the new Tax Cuts and Jobs Act as they file their 2018 taxes. Some of them were disappointed after receiving a smaller refund than they anticipated, while others received unexpected tax bills. The Internal Revenue Service (IRS) data, however, shows that the average refund for 2019 is now on …

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