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Your Tax Refunds May Be Smaller This Year

Por: The New York Times Business January 13, 2023

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With the expiration of more generous tax credits offered as pandemic relief, many taxpayers could see “significantly smaller” refunds this year, the Internal Revenue Service says. In some instances, taxpayers may owe money.The federal government temporarily expanded several tax credits for 2021 to help support families during the depths of the Covid-19 pandemic. But Congress declined to make the changes permanent, so the credits reverted to... + full article



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