| Prepare for Higher Taxes ... Maybe (The Motley Fool) |
|
|
The Motley Fool - Have you heard about how our government's planned 2008 budget includes provisions to increase the personal income tax rate for all of us? No? Well, you heard about Paris Hilton's unfortunate incarceration, at least, I hope. It's nice that the media has its priorities straight. Read Entire Article |
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. | |
| Read more... |