Don’t forget your tax-planning Can you believe 2018 is almost over?
Have you factored in the new tax law changes that went into affect for 2018. They are many and varied and will significantly affect some individuals and businesses. If you haven’t thought about your 2018 tax situation yet, it’s time to do so. At this point, you should have a good idea what your income and deductions will be. With all the big tax law changes that take effect this year, you need to start planning now if any of them will impact you.
Don’t procrastinate or you could end up paying more tax in 2018 than necessary. Contact us to schedule your review before the end of December to avoid surprises next April…..and there will be surprises for many taxpayers who do not realize their refund has already come via lower, sometimes too much lower, income tax withholdings.
