The Internal Revenue Service reminded taxpayers that now is the perfect time to review their tax withholding and payments to avoid a surprise when filing next year.
An adjustment or two made now in your Form W-4, may boost take home pay or allow taxpayers to pay more in the last quarter of 2020 to avoid a surprise tax bill.
Some things to consider that will affect taxes owed in 2020 include:
✅Coronavirus tax relief
✅ Unemployment compensation
✅Workers moving into the gig economy due to the pandemic
✅ Life changes such as marriage or childbirth
☎ If you need more information, please contact us at (954) 442-8771
http://www.cpcaccounting.com/📍 Pembroke Pines – Florida📍Orlando – Florida.
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