Time to prepare for tax season
Prepare in advance for tax season to make the most of your tax filing.
Prepare in advance for tax season to make the most of your tax filing.
Tax reform resulted in broad-based changes to the tax code as well as changes to the Form 1040 and other tax forms.
This tax season marks the first time taxpayers who received federal subsidies to purchase insurance on health-care exchanges will have to report these tax credits on their returns, leading to confusion for some and a potential tax liability for others. Many subsidies — or Premium Tax Credits — were issued upfront and based on estimated