The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 29, 2018. The IRS will begin accepting paper and electronic tax returns that day, with more than 155 million individual tax returns expected to be filed in 2018.
With a week to go before tax season opens, taxpayers were already bracing for a potentially “miserable” filing season. It turns out that it could live up to the hype. Internal Revenue Service (IRS) Commissioner Koskinen has advised employees that the budget cuts will result in reduced services to taxpayers. In an email to employees…
North Carolina is running out of cash. Of course, they’re not the first state to report economic woes: California has been making news for months with its deficit and New Jersey has just announced lower than expected revenues. With cuts at the federal level and revenues down due to increased layoffs, many states are facing…