This is why you may see a smaller tax refund in 2023, and what you can do to prepare.
RELATED: College fail: Student loan debt skyrockets
Consumers, already being squeezed by the highest inflation in a generation and facing a possible recession, may not even have a fat tax refund to look forward to in 2023. That’s why it’ll be important to pay even closer attention to your return to ensure you get the tax refund you can, accountants say.
The IRS warned on Tuesday that tax refunds may be smaller because there were no stimulus payments in 2022. Additionally, it noted a pandemic-era exception in 2020 and 2021 that allowed those taking the standard deduction to claim a tax deduction of up to $300 for cash donations to charity hasn’t been extended. The only way, again, to write off gifts to charity is to itemize.
That can be alarming to millions of Americans who rely on tax refunds for large purchases, savings, investments or paying off debt. In 2022, 46% of taxpayers said they were relying on their refunds to do some of those things, a LendingTree survey showed.
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We gotta pay for Brandon’s war
For anyone suffering from depression or lonely Do not give up on life I repeat do not give up on life if you want to experience extreme happiness and a desire to live do the right thing right now and just simply ask God this right now just “ask God to give you an extreme desire to love God more than anything in this world” I promise if you do that and you take the necessary steps like reading your Bible everyday, praying to God everyday and watch Christian sermons on YouTube everyday but most importantly devote your time and attention to God everyday by praying to God everyday for his help in every decision of your life everyday and in every situation of your life everyday for I guarantee if you do this everyday then your life will get better, you will have more peace, you will be more successful, you will have more happiness, and all your dreams will come true that’s because when you pray to God then God will make all good things possible for you and you must not forget to read the “Holy Bible” everyday and a great place for you to start in the holy Bible is (Psalms 1) and everyday after that read a chapter in Psalms till you finish all the chapters in Psalms then after that start on (Proverbs 1) then everyday after that read a chapter in Proverbs till you finish all the chapters in Proverbs and after that read every chapter of the Holy Bible until you finish it for it will change your life in the most amazing way
Despite the economic crisis, this is Still a good time to invest in Gold and Crypto
@Corrina Froman I’ll love to trade with Mr Luis Edison, How do I get in touch with him ?
@Ross mirkarmi
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his active with this *+𝟏𝟗𝟑𝟏𝟑𝟎𝟓𝟎𝟏𝟐𝟖*
Online
@Corrina Froman Thanks so much I will reach him as soon as possible 🖐️
Luis has really made name for himself, also made success more easier than we thought all rates to his strategies 🚀
Nice video, I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much on pCrypto’s, but now making around $9000-$12000 every week trading different on stocks and Cryptocurrencies…
@Maureen Annae For me i have been working with her for a year and four months. And I have been getting my profits seems legit to me,
Woooo that woman her good work has been everywhere. Been seeing a lot of good comments about her on several places. I feel more confident investing with her, I’ve been on the train for over two weeks now… best Broker for life.
wow that’s very nice Please how can i be able to reach out to your broker, my income stream is in a mess.please.
She’s active with this *+𝟏𝟗𝟎𝟗𝟑𝟒𝟓𝟏𝟗𝟗𝟏*
CURRENTLY 🇺🇲🇺🇲
This is the kind of information that we don’t get from most Youtubers I will get in touch with her right now