This publication provides information to help individual taxpayers understand the new law, take action - if necessary - and comply with your federal tax return filing requirements.
It's important to revisit your tax withholding after major changes from the Tax Cuts and Jobs Act. Too little could mean an unexpected tax bill or penalty.
Unlike recent years, 2018 brings extensive changes as a result of a large tax overhaul that passed Congress last December. Here's a quick recap of the new rules, followed by some thoughts on steps we can take to reduce your bill.
The Internal Revenue Service has announced a number of tax-related provisions for 2018. These changes are due to the Tax Jobs and Cuts Act of 2017, signed into law by President Trump on December 22, 2017.
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