Millions of Americans who received tax refunds in previous years could find that they owe money to the federal government this filing season. No doubt that news will come as an unwelcome surprise to individuals and families who had been counting on a refund check, but now find themselves in debt to the IRS.
Similar Stories to Tax Refunds Are More Than A Boost To Your Bank Account — They’re Good For The Country, Too on Bing News
Daniel Hemel, Time: Business
Thu, 02/14/2019 - 10:48am
Topics: irs but yes although the incredible shrinking refund overwithholding in january president trump senate democrats democratic white house july government accountability office concerns senator kamala harris california democrat president&rsquo why refunds matter harris united states daniel kahneman amos tversky tversky&rsquo alex rees-jones university pennsylvania national bureau economic research rees-jones americans&rsquo underwithholding irs it april americans irs irs a with january harris kahneman tax refunds taxpayers year owe time federal season filing liability tables money statistics reduce employers system individuals receive early amount find households number correct debt workers extra revenue law received evasion paychecks percentage higher loss avoid public cuts lead previous phenomenon wage-earners gain position cash average takes total million returns file figure credit large owes month code released additional worker
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