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Irs Data

All articles tagged with #irs data

business1 month ago•7 min saved

Sun Belt Wealth Flows See Palm Beach County Lead U.S. Migration Gains

IRS migration data show Palm Beach County, Florida, attracted more than $3 billion in adjusted gross income from households moving in from other states—the largest gain of any county—followed by Collier County; Manhattan gained the most new tax filers but lost about $922 million in AGI, illustrating that population growth and wealth growth aren’t the same. The broader pattern points to wealth flowing toward low-tax Sun Belt states like Florida and Texas, signaling a southward shift of the economic center and reshaping local tax bases.

via Fox News|

#business #interstate-migration #irs-data

economy4 months ago•3 min saved

2026 average tax refund climbs to $3,462 as new deductions kick in

The IRS reports the average 2026 tax refund is $3,462, up 11% from 2025, helped by new deductions from the One Big Beautiful Bill Act; about 70 million filers have already received refunds, with many using the money to cut debt or save, while higher gas prices may influence overall spending.

via CBS News|

#economy #gas-prices #irs-data

business2 years ago•1 min saved

"Buffett's Personal Stock Trading Revealed: IRS Data Exposes Berkshire Trades"

Warren Buffett reportedly traded stocks in his personal account that his conglomerate Berkshire Hathaway was buying and selling, according to leaked IRS data. The nonprofit news outlet ProPublica alleged that Buffett traded shares in his private account in the same quarter or the quarter before Berkshire bought or sold the same stocks, including Wells Fargo, Johnson & Johnson, and Walmart. Buffett has previously acknowledged having a personal account separate from Berkshire's equity portfolio and has stated that he tries to avoid investments that could conflict with the company. Berkshire Hathaway has not yet commented on the allegations.

via CNBC|

#berkshire-hathaway #business #conflict-of-interest