Tag: Tax
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New Tax Plan To Result In Estimated Revenue Losses Of Up To $120 Billion In US
A new tax plan will result in estimated revenue losses of up to $120 billion in the United States. United States to Expect to Lose Billions of Tax Revenue Following New Tax Plan Under the new tax plan, the United States expects to lose tax revenue of up to $120 billion despite its aim to…
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Arkansas Residents Contribute Over $3.07 Billion in Income Taxes in Fiscal Year 2023
According to the Arkansas Department of Finance and Administration companies operating within the state have paid approximately $712 million in taxes over the course of the first 10 months of the fiscal year. Residents of Arkansas have paid a total of more than $3.07 billion in income taxes during the current fiscal year of 2023…
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IRS Expected Return Over 168 Million in 2023
The Internal Revenue Service (IRS) expected return estimates to be more than 168 million by the end of 2023. IRS Expects Over 168 Million Returns According to the Treasury Department, the IRS has already processed over 100 million returns as of April and estimated an expected return of more than 168 million this year. The…