Accountants/Tax Services

With Congress considering legislation that would extend the tax cuts passed during the first Trump administration, a majority of Americans continue to say taxes should be increased, not decreased, for large businesses and corporations. They also say this for household income over $400,000 a year.

Miscellaneous

The clock is ticking closer to the April 15 tax deadline. The latest CivicScience data among those filing taxes this year finds a majority (51%) reporting they've already filed. Meanwhile, 22% haven't filed, but plan to do so by the end of March. Concerns about filing taxes are prevalent – 48% of consumers say they have concerns about filing their taxes this year – most commonly making a mistake (19%) or not having enough to pay if they owe money (17%).

Retail Market

In early March 2020, as the COVID-19 virus spread to more countries, the retail industry began to contemplate the possible implications, but a stark reality swiftly sank in. By March 11, the World Health Organization had declared the outbreak a pandemic, and retailers deemed nonessential initiated temporary store closures almost immediately.