This year has been a complicated year for taxes all around. Between the goverment shutdown, IRS staff shortages and scams it can be a challenge to navigate! Whether you have a trusted accountant or use a program or online service to do your tax returns yourself, information is key for everyone...especially! Here is some basic information directly from the IRS in downloadable PDF format so if you're the kind of person that likes to hold paper to read you can download, print, and read away!
Of course, as with anything dealing with the IRS any questions should be answered by a tax professional. Don't guess and end up with penalties when you file! For all of the information you can visit https://www.irs.gov/tax-reform
Individuals:
As the IRS implements this major tax legislation, check this page for updates and resources to learn how the Tax Cuts and Jobs Act (TCJA) affects individual taxpayers. See also Publication 5307, Tax Reform Basics for Individuals and Families (PDF).
Businesses:
As the IRS implements this major tax legislation, check this page for updates and resources to learn how the Tax Cuts and Jobs Act (TCJA) affects businesses.
Tax Exempt & Goverment Entities:
As the IRS implements this major tax legislation, check this page for updates and resources to learn how the Tax Cuts and Jobs Act (TCJA) affects retirement plans, tax exempt organizations and governments.