Another reminder that our tax code is too complex
The 2025 US
taxAn income tax is a mandatory payment that local, state and national governments collect from individuals and businesses to cover costs of government services, goods and activities.
Taxes affect all Americans in one way or another, whether it’s through their earnings, savings, purchases, or financial planning. In terms of federal income taxes, over 162 million individual tax returns were filed in 2017. Workers will receive their W2s sometime in January. According to the latest research, you’re not the only one who doesn’t know how the system works. If you think you’re the only one who doesn’t grasp the system, according to the latest research, you’re not alone.This is a preview of our full op-ed originally published in Orange County Register.Continue reading
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