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How To Avoid A 2020 Tax Surprise - Latest News


New W-4 form aims to prevent you from getting a tax refund surprise

2020, a Treasury Department official said in a call with reporters. That means the forms won't be available to help calculate withholding for the 2019 tax year. The IRS released a draft of a revised W ... read more

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

To Avoid a Nasty Tax Surprise on April 15, Check Your Withholding Now

Many people think that a lower tax liability equals a refund next April. Unfortunately, that is not always the case. In fact, if you haven't adjusted your withholdings, you could actually end up owing ... read more

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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


New, confusing W-4 form is coming for 2020: What to do now to get bigger tax refund

New, confusing W-4 form is coming for 2020: What to do ... their 2019 federal income taxes. Setting aside more money now through the rest of the year can trigger a bigger refund when you file your ... read more

The Finance 202: 2020 Democrats attack Trump tax cuts as corporate collections falter

But there’s another set of numbers that should arguably concern the Trump reelection effort just as much: Corporate tax revenue is down 9 percent this ... approaching—could make this harder to do in ... 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

IRS Releases New Draft Form W-4 To Help Taxpayers Avoid Withholding Surprises

Here's what the draft form W-4 for 2020 looks like: You can see a full-sized version on the IRS website here (downloads as a PDF). The new draft reflects changes under the Tax Cuts and Jobs Act (TCJA) ... read more

Top 10 Estate Planning Mistakes & How to Avoid Making Them

Trust us: the best way to avoid these mistakes, and save your family and loved ... is divided among the surviving spouse and children – which can be an unpleasant surprise. 2. Not planning for the ... read more

New W-4 Form Aims to Prevent Tax Refund Surprises, IRS Says

2020, a Treasury Department official said in a call with reporters. That means the forms won’t be available to help calculate withholding for the 2019 tax year. The IRS released a draft of a revised W ... read more

How 401(k) savers can avoid a nasty surprise come retirement

One of the main reasons 401(k) accounts are so popular and effective is their tax treatment. A traditional 401(k) is funded from your pretax paycheck, so the money you put into your plan, and any ... read more

Exclusive: Italy to play low 2019 deficit card to avoid EU procedure

The other ruling party, the League, is pushing for deep tax cuts, but only from 2020. It is also not certain ... The main reason for the surprise trend is that two flagship government measures ... read more



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