Tag Archives: IRS

The burden of filing our taxes appears to be growing, especially for those who tend to wait until the last minute to fill in their 1040s.

A two-week government shutdown, if Congress and President Trump fail reach an agreement on budget, would hold up the tax refunds of roughly 2.5 million families, delaying nearly $8 billion in refunds.

Across-the-board spending cuts may have reduced short-term budget deficits, but they also slowed economic growth and job creation while undermining long-term investments in infrastructure, education, and innovation. Some cuts, however, not only damaged the economy, but also targeted sectors of the federal budget devoted to preventing wasteful spending or ensuring that the government collects revenues efficiently and fairly.