The 2018 tax filing season hasn't been a pleasant experience for all taxpayers. Accountants have identified three pain points in the new tax law — and they share four steps you can take for a better outcome in 2019.
Unhappy with your 2018 tax return? Now's the time to correct course to avoid the same outcome next year.
Refunds aside, accountants are still finding themselves the bearers of bad news to some filers who found themselves owing this spring. "When the new tables rolled out, the withholdings went down across the board," said Sharif Muhammad, CPA and certified financial planner at Unlimited Financial Services in Somerset, New Jersey."People don't pay attention to their paystubs."
The top three counties with the highest average property taxes were Westchester County, New York ; Rockland County, New York ; and Marin County, California , according to ATTOM Data Solutions."The whole game of prepaying your real estate taxes and claiming a deduction doesn't pay anymore," said Herron.Here are four steps you can take to make next spring less painful:
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