tax changes for 2019: Plano TX - What's New with Taxes in 2019?
- 02/04/20 02:58 PM
In 2017, Congress passed The Tax Cuts and Jobs Act (TCJA), which was the largest piece of tax legislation that we’ve seen in three decades. The new law had an impact on almost all taxpayers who came to our Richardson, TX tax office, as well as taxpayers throughout the country. Most of the changes went into effect on January 1st, 2018. While changes in 2019 won’t have the same dramatic impact as last year’s changes, they will impact many taxpayers. Increased Standard Deductions Single and Married Filing Separately – Increased from $12,000 to $12,200 Head of Household – Increased from $18,000 … (1 comments)
In 2017, Congress passed The Tax Cuts and Jobs Act (TCJA), which was the largest piece of tax legislation that we’ve seen in three decades. The new law had an impact on almost all taxpayers who came to our Richardson, TX tax office, as well as taxpayers throughout the country. Most of the changes went into effect on January 1st, 2018. While changes in 2019 won’t have the same dramatic impact as last year’s changes, they will impact many taxpayers. 
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