It is tax time again, and companies are starting to hand out W-2s to their employees. Most people will hire someone to do their taxes for them, but it is still important to understand what exactly is happening. The President of Lakeshore Accounting, Don Wollersheim, was on the WCUB morning show “The Breakfast Club” earlier this week, and he told us about one of the biggest changes in tax law this year.
So basically, even though your cost went down, you more than likely paid less into taxes this year. To add on to the new tax laws, the Partial Government Shutdown has had an effect on the IRS.
Which means that it may take a lot longer for you to receive your return.
