Tax Time and Beyond: Future Directions for Advancing Financial Security

Tax Time and Beyond: Future Directions for Advancing Financial Security

Tax time is a unique and critical opportunity for financially vulnerable people to build financial security. While there have been some efforts to build financial security at tax time, more can be done to help people take advantage of the tax time moment. Tapping a wide range of perspectives, Commonwealth conducted research to better understand the opportunities and challenges for achieving large-scale, positive impact on people’s financial lives at tax time.

This report first provides an overview of the tax time landscape to illustrate the importance of the tax moment to building financial security. Then, it summarizes our research process, details the insights we generated, and explains how these insights might inform future approaches to advancing financial security at tax time.

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