If your personal tax tradition is to wait until the last minute to file, this might be the year to reconsider.
Federal changes enacted by the Tax Cuts and Jobs Act of 2017 is now a reality for taxpayers. The new structure implements key differences, from income brackets to a revised 1040 form.
How do you plan to navigate deductions and tax credits this filing season? Could some taxpayers be paying more? Are you prepared for a smaller refund this season?
Has the recent federal shutdown affected operations at the IRS?
How can you find free tax help in the San Antonio area?
For more information, locations and requirements for the local Volunteer Income Tax Assistance program, visit vitasa.org.
Guests:
- Alejandra Sanchez, program director for VITA San Antonio
- Kelly Phillips Erb, tax lawyer and senior contributor for Forbes
- Joe Rosenberg, senior research associate at the Urban-Brookings Tax Policy Center
"The Source" is a live call-in program airing Mondays through Thursdays from 12-1 p.m. Leave a message before the program at (210) 615-8982. During the live show, call 210-614-8980, email thesource@tpr.org or tweet at @TPRSource.
This interview aired on Wednesday, March 6, 2019.