The SECURE Act enacted on Dec. 20, 2019 affects some individual tax returns that taxpayers will file for 2020. This primarily affects taxpayers who claim:
We recommend clients work with their accountant to determine the amount you should be withholding from your paycheck. For those do-it-yourselfers, the IRS introduced a new, more accurate, tax withholding estimator calculator: https://www.irs.gov/individuals/tax-withholding-estimator.
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