Why you may be paying more income tax than you should

Youssef Benzarti, University of California, Los Angeles Springtime brings many things, from proverbial showers to birds chirping and warmer weather. It also signals tax season is upon us once more. Every year 140 million U.S. taxpayers spend countless hours gathering receipts and statements, filling out a variety of schedules and forms and submitting their 1040s and various other supporting documents to the Internal…

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