The Treasury Department and the Internal Revenue Service (IRS) have released state-by-state figures for Economic Impact Payments (EIPs). The ten states receiving the greatest number of payments
Read MoreCategory: tax stats
IRS Tax Season Filing Numbers Still Off Pace
Taxpayers still aren’t rushing to file: that’s the initial takeaway from a second set of statistics released by the Internal Revenue Service (IRS). Tax season opened on time on
Read MoreIRS: More Than 8 In 10 Taxpayers Pay Their Taxes In Full And On Time
Do you file an accurate tax return and pay what you owe each year? If so, you’re in the majority: a report released by the
Read MoreReported Charitable Donation Deductions Drop Off Sharply Following Tax Reform
According to the most recent data available from the Internal Revenue Service (IRS), just 12,177,779 taxpayers claimed the charitable donation deduction for the 2018 tax year, totaling
Read MoreIRS Reports That Filings, Refunds Are Off-Pace Compared To Last Year
Where are all of the taxpayers? As tax season comes to a close, the Internal Revenue Service (IRS) hasn’t yet seen an expected rebound in
Read MoreIRS: Tax Filings Down But Average Refund Dollars Are Up
Might we finally be turning a corner? Tax season appeared to be off to a slow start when it opened in January, with initial statistics showing fewer returns
Read MoreIRS Reports Fewer Returns & Smaller Refunds As Tax Season Continues
The tax season appeared to be off to a slow start when it opened last month, with initial statistics showing fewer returns filed and smaller refunds issued. While
Read MoreAt The Start Of The Season, IRS Filing Statistics Show Sluggish Start & Smaller Refunds
The Internal Revenue Service (IRS) might have opened tax season on time this year, but tax season is proving to be anything but ordinary. Initial statistics
Read MoreWhere Have All Of The Taxpayers Gone?
Have you filed your tax returns yet? Chances are, the answer is no. Taking into account health care reporting requirements, expiring tax breaks, and a relatively healthy economy, numbers of taxpayers filing returns were expected to climb higher in 2017. That hasn’t happened.
Read MoreHow Does Your Tax Refund Compare?
According to the Internal Revenue Service (IRS), the average federal income tax refund issued to taxpayers for the 2016 calendar year was a whopping $2,860.
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