COLUMBUS, GA (WTVM) - The new tax laws could make filing your taxes a little more challenging this year..
Tax experts warn it is the biggest tax law change since 1996.
On top of that, experts warn this tax season may be especially tricky in light of the recent and possibly fugue government shutdowns.
They say the best plan is to file early and stay informed. They say with so many changes and so many people who are filing for the first time, it is important to know what rules affect your taxes.
Below are additional tips from Jackson Hewitt for filing taxes this season:
Be sure to file electronically, either through a tax preparer, tax software or e-file directly with the IRS. Should the government shut down again, paper returns will be slower than electronic returns because tax returns filed electronically are mostly automated.
Remember April 15 Is Still Tax Day
The tax deadline of April 15 still remains. Taxpayers should not expect more time to file due to the government shutdown.
Don’t Expect the Same Refund as Last Year
Taxpayers should anticipate a different refund amount, or taxes due, from previous years. Between the many tax law changes, normal life changes that impact taxes and new withholding amounts, refund sizes could vary more widely this year than prior years.
Tax Pros Are More Important Than Ever
Tax reform has impacted every taxpayer in one way or another. This year, be sure to visit a professional who can get you every credit and deduction you deserve.
In a recent survey from Jackson Hewitt conducted by research now, 35% of taxpayers think it will take more time to file taxes this year than the last.