SONOMA FINANCIAL PLAN
  • Home
  • Blog
  • Start the Conversation
  • 401K
  • Home
  • Blog
  • Start the Conversation
  • 401K

FINANCIAL JAZZ

Fatter Pockets

1/11/2018

0 Comments

 
Following the implementation of a new tax bill, American employees will likely benefit from a paycheck boost in February. This week, the U.S. Treasury released its income tax withholding tables which reflected changes caused by the Tax Cuts and Jobs Act. Overall, the new legislation increased the standard deduction, removed personal exemptions, and reduced individual income tax rates.
 
As you prepare for tax season this spring, you should review your W-4 to ensure that you’re deducting the right amount of taxes under this new legislation. If too little is withheld, you’ll owe taxes. The goal is to reside in the middle of those receiving big refunds, and those with big balances due. Read this article for additional information on tax changes and how to navigate the new landscape. 
0 Comments



Leave a Reply.

    Author

    Write something about yourself. No need to be fancy, just an overview.

    Archives

    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    August 2017

    Categories

    All

    RSS Feed

Picture

​   Powered by Enso Wealth Management​ 

Disclosure: The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by Enso Wealth Management, to provide information on a topic that may be of interest. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Securities accounts are held through Charles Schwab, Member FINRA/SIPC.

ENSO Form ADV Part 2A
ENSO Form ADV Part 2B

© COPYRIGHT  ENSO WEALTH MANAGEMENT 2017. ALL RIGHTS RESERVED.