Tax Pro Today
By Mark Luscombe, December 18 2018
The Tax Cuts and Jobs Act brought about many changes for the 2019 tax return filing season. There are so many changes that there was concern about possible delays to the start of the filing season as the Internal Revenue Service works to update software, forms, instructions, and publications with restricted resources. The IRS has still expressed optimism that the filing season will start on time. The new postcard Form 1040 may look simplified at first glance, but a look at the new schedules accompanying the form will soon disabuse you of that notion. Read more.