Ready for tax season? The Internal Revenue Service (IRS) is urging taxpayers to take steps now to make sure that all goes well in 2020. So, what’s on the list towards a smooth tax filing season in 2020? Here’s what you can do now: Check your withholding and make adjustments. There are only a few…
If the changes to tax rates and withholding over the past year have you scratching your head, help is on the way. The Internal Revenue Service (IRS) is offering a free online information session on how to do a Paycheck Checkup. Here’s why many taxpayers are confused. The Tax Cuts and Jobs Act (TCJA) introduced many changes beginning…
It’s 2018: Do you know what your tax rate looks like? The Tax Jobs and Cuts Act (TCJA) was signed into law last year, with the promise that most taxpayers would get a tax break. However, the General Accounting Office (GAO) is warning that, unless taxpayers act to adjust their withholding, more than thirty million taxpayers will…
Taxpayer asks: I hope you don’t think this is too simple a question but I’m a confused newbie. I started a new job this week. They asked me to fill out tax forms. One of them is a W-4. I didn’t know what to do with it and the HR person told me to just…