Before the recent tax reform passed in December, it was thought that the tax cuts could boost corporate spending on new offices, equipment and factories. But that may not be the case – yet – which means S&P 500 companies have a record high of...
While Americans rush to file their taxes this Tax Day, some computer systems at the Internal Revenue Service (IRS) are “experiencing technical difficulties.” As a result, the agency said it is having trouble taking in returns from tax preparers, The Wall Street Journal reported. While the...
Tax Day for Americans is here, or at least it will be on Tuesday, April 17. This year is a bit of an unusual year as far as taxes are concerned, since April 15 actually falls on a Sunday. Normal protocol would automatically push the tax filing deadline to...
