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How To Avoid A 2020 Tax Surprise - Latest News


How to avoid a 2020 tax surprise

NEXT TAX SEASO AMANDA: IT IS TAX DAY, AND IF YOU’VE PUT OFF FILING YOUR TAXES, YOU’RE NOT ALONE, AND THERE’S A GOOD REASON. LAST YEAR, THE TAX BURDEN WAS REDUCED FOR ABOUT TWO THIRDS OF AMERICAN ... read more

Contract Attorneys Must Watch Their Tax Withholdings To Avoid A Nasty Surprise Bill

After reviewing his tax forms, it turned out that most of his W-2 employers only withheld 10 percent of his earnings for federal and state taxes. And some withheld none at all. The surprise tax ... read more

How Retirees Can Avoid a Surprise Federal Tax Penalty in 2019

For pointers, check out the IRS’ Watch the video of ‘How Retirees Can Avoid a Surprise Federal Tax Penalty in 2019’ on MoneyTalksNews.com. Workers who decide to adjust their withholding will need to ... read more

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How To Minimize Taxes When You Inherit An IRA

What can I do to avoid taxes now on my new ... It should come as no surprise that there are also different rules for an inherited Roth IRA. Luckily, a Roth IRA can typically be inherited tax-free. But ... read more


Editorial: Florida taxpayers, avoid nasty surprises . Here’s how to check W-4 withholding amounts.

If you haven’t already, now would be a good time to look at how much your employer is withholding from your paycheck for federal taxes. The financial check-up will cut down on the potential for an ... read more

Why that IRS calculator might not be enough to pinpoint your 2019 tax liability

Even then, it doesn’t tell you how to best withhold for state taxes. Hoping to avoid a tax surprise for 2019 ... It'll be available in time for 2020. The W-4 you're using for 2019 will be similar to ... read more

5 steps you can take before year’s end to avoid an unpleasant tax surprise next year

(The new tax law kept the seven federal tax brackets, but lowered rates for six of them, for 2018 to 2025). Without proper preparation, taxpayers might be in for a bad surprise ... to jail for tax ... read more

Do this to avoid a nasty tax surprise next spring

Review your withholding now to make any necessary corrections and avoid a surprise tax bill in April. Unfamiliarity with credits, user error and failure to weigh state and local taxes may yield ... read more

Take These Steps Now to Make the 2020 Tax Season Much Easier

you'll be able to avoid any unpleasant surprises when you file your taxes in 2020. Kailey has been writing about personal finance since 2013. She does her best to keep it interesting and jumps at any ... read more

Update your W-4 to avoid an unpleasant tax surprise

As excited as you might be to see larger take-home paychecks, it is critical to check and adjust your withholding tax information on the W-4 form to avoid nasty surprise of owing more money in taxes ... read more

Not ready yet to file your taxes? Time to get an extension

How to navigate changes this tax season, especially if you're an investor If you want to avoid any additional interest for paying ... they didn't think they would get hit with a surprise bill for the ... read more

How to Right Size Next Year’s Tax Return

The 2018 tax season is over, and a lot of taxpayers are not happy. Thanks to the tax overhaul, some got smaller refunds than they received in the past, and others were hit with an unexpected tax bill. ... read more



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