Categories for Tax Filing

Top Reasons You Should Consider Hiring a Professional for Filing Your 2019 Taxes

March 27, 2019 10:20 pm Published by Leave your thoughts

It may seem surprising, but the 2018 tax deadline is just around the corner. If you haven’t already filed your income tax return for 2018, you only have until Monday, April 15 to send your returns off to the Internal Revenue Service (IRS). In late 2017, Congress passed landmark tax legislation that significantly altered the tax burden of many Americans. Many employers struggled to adjust withholdings accurately, however, which may mean that a slightly smaller refund is in store for you. Additionally, you may now want to claim the standard deduction, rather than itemizing like you have in years past.... View Article

Why You May Want to Hire an Accountant for Your Tax Filing in Oklahoma City, OK This Year

February 26, 2019 5:55 pm Published by Leave your thoughts

Filing your taxes can be quite a pain, especially if you have some unusual elements to your filing process that make it more complex. This is especially true this year with all of the changes surrounding the Tax Cuts and Jobs Act, which has gone into effect for the 2018 tax year. Even if you were comfortable doing your own taxes in the past, there has been a significant number of changes that might confuse you this time around. Beyond all the changes to the tax code, here are just a few examples of why you might find it beneficial... View Article

Key Tax Changes to Be Aware of This Year

January 29, 2019 6:20 pm Published by Leave your thoughts

As you are almost certainly aware by now, there are some major changes to the tax code that came through the 2017 Tax Cuts and Jobs Act that went into effect for the 2018 tax year. This means there are likely to be some big changes in the way you prepare and file your taxes this year. What can you expect to change with your tax filing in Oklahoma City, OK this year? Here’s some information to know. Tax brackets There are still seven tax brackets under the new tax law, but now they have different rates. These rates are... View Article