Trump’s tax cuts will save taxpayers 138M hours this year

Published April 27, 2020 2:05pm ET



April 15 was supposed to be Tax Day for the millions of individuals and businesses who file income taxes, but it has been delayed until July 15 due to the coronavirus. Tax Day normally causes frustration for taxpayers as they spend their valuable time trying to figure out all the deductions they can take and how to minimize their tax burden. Many give up altogether and spend their hard-earned money on a tax preparer.

It will take individuals less time to do their taxes this year, however, than in years past thanks to the Tax Cuts and Jobs Act.

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