10 Tax Law Changes You Should Definitely Know Before Filing a Return in 2020

Photo by Natee Photo from Shutterstock

The 2020 tax season comes rapidly and the IRS is actually expecting more than 150 million returns by the time it’s done. Though acting early may help prevent identity theft and fraud, the IRS still advises taxpayers to wait for official documents before filing in order to file them right the first time.

However, because 2019’s Taxpayer First Act made the most comprehensive reforms to Internal Revenue Service procedures since 1998, it’s crucial this year to do your research to avoid potential mistakes. Read on to discover the new tax law changes you should know before filing a return this year.

1 23 ... 11NEXT

Leave a Comment

Your email address will not be published. Required fields are marked *

5 Lesser-Known Ways to Build Good Credit

For a lot of people, building credit is at the forefront of their financial decisions. The fastest, easiest way to achieve the perfect credit score is to make timely payments on credit cards and traditional loans, but nobody is perfect

From Our Network: