Millions of Americans are filing taxes today (two days later than usual). One in seven Americans waits until the last week to file taxes, according to the Internal Revenue Service. This year’s Tax Day is the last before the tax overhaul passed in 2017 takes effect; starting next year, Americans will file under a new code that includes new income brackets and modified deductions.
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Tax day has arrived. Here's how the recent federal tax reform bill has?changed the equation for some workers, according to Jonathan Medows, CPA. #taxday?#LinkedInVideo
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If you usually wait until the absolute last-minute to file your US taxes, you get a small break this year. The 2018 federal tax deadline is April 17th, two days later than usual, because of Emancipation Day. Its important to remember that if you don’t think you’ll be able to file your taxes before the deadline, you can apply for an extension to avoid a late-filing fee.?But how will the new Republican tax plan effect returns this year??
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