While 2019 was the first year the changes from the Tax Cuts and Jobs Act impacted most taxpayers, there’s more in store! Today we’re introducing a 3-part blog series that shares an Accounting Today article identifying 10 key areas where taxpayers may experience challenges in their planning for 2020. These areas of concern include the individual mandate penalty, changes to retirement contribution funds, and changes to HSA contribution limits.
If you have questions about your tax planning for 2020, your CPA at Sharrard, McGee & Co., PA is ready with the answers. Call us in High Point at (336) 884-0410 or in Greensboro at (336) 272-9777.