The financial institution expects to increase reserves by about $5 billion for implementation of the current expected credit loss standard. READ MORE »
Although the Tax Cuts and Jobs Act increased take-home pay somewhat, millions of households treat tax refunds as a built-in component of their annual budget. READ MORE »
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Nearly half of Americans fail to check whether their tax preparer includes their PTIN and signs their return, putting them at risk of being scammed, according to a new survey. READ MORE »
Low-income and minority taxpayers were more likely to use extra-fee tax preparation offerings like refund advances and refund transfers, according to a new report Friday from the Government Accountability Office, and tax preparers often didn