Recent IRS Tax Changes and Your Paycheck Withholdings

According to the IRS, a little over 70% of taxpayers received a refund in 2017. While many people enjoy the extra financial boost, the truth is that if you get a tax refund, it means you are overpaying the IRS throughout the year. A quick checkup could help you decide whether to file a new W-4 form with your employer to increase your paychecks.
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Smart Ways to Use Your Tax Refund

In 2017, the average tax refund was almost $2,900. According to a study conducted by J.P. Morgan Chase Institute, many people wait for their tax refund, so they can pay for medical expenses not covered by insurance. For example, close to one-third of people spent part of their tax refund at the dentist. Another 40% of medical spending from tax refunds went to ...
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Making Sense of 2017 Tax Brackets

Your tax bracket, determined by the taxable amount of money you made in 2017, tells you the percentage of your income you’ll pay to the United States government in federal taxes. It may also help you determine how much of a tax bill or tax return you can expect after you file your 2017 taxes. While these amounts fall starting January 1, 2018, because of the new tax ...
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New Tax Laws Should Save Families Money Starting January 1, 2018

While the changes to the current tax laws are for the years 2018 through 2025 only, they will affect how much of your income you’ll keep throughout the next eight years.
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