Shocked by Your 2018 Tax Bill?
by Lisa Brown, CFP®, Partner and Wealth Advisor, Brightworth
Apr 30, 2019
3 minutes
Many people are still in shock after filing their 2018 federal and state income taxes. Because the new federal tax law -- the 2017 Tax Cuts and Jobs Act -- reduced marginal tax rates, many people expected a refund would be coming their way. But for some high-income households, that turned out not be the case.
I had one client who used the phrase she "fell out of her chair" when she got the news from her accountant about how much she owed. Even though she made a good income last year, she just assumed she'd not have
âYou’re reading a preview, subscribe to read more.
Start your free 30 days