The IRS will receive more than 95 million calls this year. They expect to answer about 60% of them during the current filing season. After that, the number is estimated to decline to 40%. Figure in the calls with questions about the new tax law and the answer rate may be even lower. And that projection…
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Corporate Tax Cuts Mostly Going to Share Buybacks Not JOBS!
While the name of the 2017 Tax Act was "Tax Cuts and Jobs Act," it doesn't appear like the corporate tax cuts are creating many US Jobs. The Tax Cuts and Jobs Act was supposed to spur hiring and investment at companies as the maximum corporate tax rate was slashed from 35 to 21 percent, according to…
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