Tag: taxes

Retailers Targeting Tax Service Clients Who Plan to Spend Refunds

"Valas­sis, a leader in acti­vat­ing con­sumers through intel­li­gent media deliv­ery, today released new research ana­lyz­ing con­sumer behav­ior relat­ed to tax sea­son. Stem­ming from a sur­vey of more than 1,000 U.S. respon­dents who expect to receive a tax refund in 2019, the find­ings note that more than half (53%) are antic­i­pat­ing receiv­ing the same, or more, mon­ey this year."

Gen Z to Use Tax Returns to Pay for Holiday Expenses

Tax refunds con­tin­ue to play an impor­tant role for many con­sumers when it comes to pay­ing hol­i­day debt. In a recent sur­vey con­duct­ed by Jack­son Hewitt Tax Ser­vice, 41% tax­pay­ers polled revealed that they look for­ward to their tax refund to pay hol­i­day bills. The same sur­vey showed that the youngest tax­pay­ing gen­er­a­tion, Gen­er­a­tion Z, is the most like­ly to use their tax refund to repay hol­i­day debt, with 63% report­ing that they look for­ward to their tax refund to pay hol­i­day bills.

30% of Small Business Owners To Seek Assistance Filing Taxes

Small busi­ness own­ers are not as tax savvy as they think they are, accord­ing to a new sur­vey from Clutch, the lead­ing B2B research, rat­ings, and reviews com­pa­ny. Thir­ty per­cent (30%) of small busi­ness­es believe they over­pay their tax­es and could claim more deduc­tions and cred­its. This is despite the fact that 93% of small busi­ness­es rate them­selves as 'very or 'some­what con­fi­dent' in their abil­i­ty to accu­rate­ly file tax­es.