IRS says your tax refund may be smaller this year
CLARKSBURG, W.Va. (WBOY) – Your refund for the 2022 tax year may be smaller than in years past, the Internal Revenue Service said Wednesday.That's because of several recently passed changes to the tax code.The IRS said taxpayers who take the standard deduction instead of itemizing their taxes will no longer be able to deduct their charitable contributions. Also, 2021's American Rescue Plan Act lowered the reporting threshold for third-party networks that process payments for those doing bu
Read more »