Posts Tagged ‘tax administration’

Can Filing Taxes Connect Low-Income Families to Bank Services and Save the Government Money?

Is there a way for low- and moderate-income households who do not have bank accounts to receive tax refunds electronically? A new Urban Institute study found these households may be willing to participate in a program that delivers their refunds directly to a prepaid card account. We evaluated a Treasury Department pilot program called the […]

Five Challenges for the IRS’s New Capital Gains Reporting Rules

Sellers of stocks and other assets have always had to calculate their cost basis (generally, what they paid for the investment) in order to figure their taxable capital gains. In the past, this was often a hit-or-miss experience that required lots of tedious research (occasionally with help from brokers) and more than a bit of […]