3 ways retirees can save on taxes
The 2023 COLA had the potential to create a bigger tax hit for retirees. But there's still time to contain the damage.
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The 2023 COLA had the potential to create a bigger tax hit for retirees. But there's still time to contain the damage.
14 Last-Minute Moves that Can Boost Your Tax Refund On 3/8/21 at 7:00 AM EST More than 60 million taxpayers have already filed their tax returns this year. Average refund so far: $3,021. Drew Angerer/Getty Images More than three-quarters of the nearly 60 million taxpayers who have already filed their 2020 returns will be getting a refund this year, so far averaging just over $3,000, according to the IRS. While a check that big will certainly come in handy given the continued challenges of the pandemic economy, chances are, with a few smart steps, you can do even better—boosting the amount y...