Daily Edition: JPMorgan Chase gives first look at CECL impact

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The financial institution expects to increase reserves by about $5 billion for implementation of the current expected credit loss standard.

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Daily Edition

Apr 15, 2019

by MARY ELLEN BIERY

The financial institution expects to increase reserves by about $5 billion for implementation of the current expected credit loss standard. READ MORE »

Happy final Friday: IRS says millions have yet to file

by JEFF STIMPSON

Some 50 million taxpayers have not yet filed their tax returns. READ MORE »

The economy is unprepared for a drop in tax refunds

by DANIELLE DIMARTINO-BOOTH

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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Tax preparers steered low-income taxpayers to extra-fee refund products, says GAO

by MICHAEL COHN

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

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