Why do I owe taxes this year? Tax expert explains common reasons ...Middle East

(NEXSTAR) – Tax season is back, as the Internal Revenue Service has officially started accepting and processing tax returns as of last week. The IRS has already been warning taxpayers to expect smaller refunds than they received in recent years because of certain COVID-era relief measures rolling back to pre-pandemic norms. Changes to those credits may not only cut your refund but leave you owing more taxes this year. Here are a few common reasons, mostly caused by big changes in your life, that could leave you without a refund. Changes to COVID-era relief As mentioned above, changes to credits that were enhanced during the COVID pandemic are reverting back to their pre-pan

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