Posted on Jun 18, 2018
Even if you only work during the summer and fall, you still need to check your tax withholding for 2018. Your tax return will likely be affected by the major changes to come from the Tax Cuts and Jobs Act passed at the end of last year. Changes that may affect you include tax rates and bracket changes, an increase to the standard deduction and the elimination of personal exemption plus other deductions.
You can check your withholding amounts using the IRS Withholding Calculator.
Gilliland & Associates, PC is a full-service CPA firm specializing in tax planning for individuals and businesses in the Northern Virginia area. We are based in Falls Church, VA and also service clients in McLean and Tysons Corner, VA. Gilliland & Associates is known for our superior knowledge and aggressive interpretation and application of tax laws. We help you keep more of your earnings by finding you the lowest possible tax on your business or personal tax return. You can connect with us on Google+, LinkedIn, Facebook, and Twitter.