Increasing savings at tax time
Motivational prompts to save tax refunds and suggested savings amounts for the tax refund can increase saving among low- and moderate-income households, finds a new experimental study from the Brown School at Washington University in St. Louis.
Study: Tax-return delay could hurt low-income families
Millions of low- and moderate-income Americans who claim certain tax credits will have to wait weeks longer than usual this year for their federal income tax refunds because of a new law aimed at reducing fraud. The delay could prove costly for countless families, finds a new study from the Brown School and the Tax Policy Center.
‘Pink ribbon dollars’ help fill financial gaps for breast cancer programs
Donations collected by check boxes on state income tax forms, fees from license plates and revenue from state lottery tickets have raised millions for breast cancer research and prevention programs, researchers at Washington University in St. Louis have found.