For many Americans, seeing a tax bill coming due can be overwhelming or downright scary. While you can't change the amount due at the time of filing, tax experts at Jackson Hewitt have a list of suggestions filers can review that could help reduce future tax bills.
What can I do to lower my tax bill?
This tax advice is brought to you by our partner Jackson Hewitt.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.