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Tax Preparation: Resources for getting organized and filing your taxes


With the 2017 Tax Cuts and Jobs Act (TCJA), there are a lot of new changes to the tax code. We’ve put together these helpful articles with what’s new, ideas for organization and tips from the IRS to guide you through the process of filing this year.
 

The top five tax changes for 2018: What you need to know

More than 600 changes were instituted under the Tax Cuts and Jobs Act (TCJA) enacted in December 2017. We’ve put together a list of five of the most important changes that taxpayers will need to be aware of when preparing their 2018 taxes.


ReadThe top five tax changes for 2018: What you need to know



Getting organized for 2018 taxes: What you need to know

While the April 15 tax filing deadline is coming up, with advance preparation, doing your taxes can be much easier. We’ve created this checklist of documents and forms that you’ll need to help you prepare your return. Whether you do your own taxes or you use a tax preparer, this checklist will help you organize the necessary information.

ReadGetting organized for 2018 taxes: What you need to know



Avenues for preparing your taxes

As tax time rolls around, and in light of the substantive changes to the tax code under the 2017 Tax Cuts and Jobs Act (TCJA), more people are considering a tax preparer or tax preparation software to help with their taxes. This guide is designed to help you make an informed decision about the software, person or firm you choose.

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How to avoid phishing and identity theft during tax season 

We examine some prevalent phishing schemes that increase during tax season and outline the most common signs of identity theft according to the IRS. Learn about phishing and the signs that your information may have been compromised.

Read: How to avoid phishing and identity theft during tax season

 

 

Tax "basis" and stock-based compensation

The amount paid to acquire a stock or another security is known as its cost basis. Cost basis has an impact on the gain or loss realized during gifting or selling and therefore, establishing your correct basis is critical when determining your income tax consequences.

Read: Tax "basis" and stock-based compensation


 

Do you have a withholding mismatch?

Very few taxpayers withhold the exact amount to cover their tax liability come filing time. Most end up with a refund (withheld too much) but some will owe additional taxes (withheld too little). But what causes this to happen? And how can you better match your withholding to your tax liability?


Read: Do you have a withholding mismatch?

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