| Individual taxes set one-day record (AP) |
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AP - The government set a one-day record for collections of personal income taxes, taking in $48.7 billion, the Treasury Department announced Wednesday. Read more at: |
While nobody likes filing tax returns, most people are rewarded handsomely for their efforts: About 75% of taxpayers get a refund, according to the Internal Revenue Service. In 2005, the average refund rang in at more than $2,000, a nice chunk of change.
| AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday. | |
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