Many taxpayers are receiving smaller tax refunds this year than in previous years. Compare potential biases and similarities in reports from axios, MarketWatch, and nypost:
Tax professionals and the IRS have attributed the smaller refunds to the expiration of several pandemic-related boosts to tax credits and deductions.
An analysis released by Bank of America on Thursday has shown that many wealthier taxpayers are actually receiving larger tax refunds this year. Researchers believe there may be a correlation between receiving higher tax refunds and owning a stock portfolio.In a year of high inflation, many taxpayers will be using their tax refunds to pay off debt, according to
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