New Tax Law Changes Publication

Last week, the Internal Revenue Service (IRS) issued a new tax law changes pub (publication) to help taxpayers learn about the recent tax reform law and how it affects their taxes.
New Tax Law Changes Pub

By RH

Last week, the Internal Revenue Service (IRS) issued a new tax law changes pub (publication) to help taxpayers learn about the recent tax reform law and how it affects their taxes.

With the new tax law change, the IRS estimates they will need to create or revise more than 400 taxpayer forms, instructions and publications for the filing season starting in 2019. This is more than double the number of forms it would create or revise in a typical year.

The pub is supposed to breakdown the law in easy-to-understand language and highlights the changes that taxpayers will see on their 2018 federal tax returns they file in 2019.

If you want to download a copy of the publication, you can get it here: Tax Reform Basics for Individuals and Families .

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