Today’s blog is the second in a three-part series which shares an article by Ralph Carnicer from a recent Accounting Today post. He claims that the changes brought by the Tax Cuts and Jobs Act will continue to impact taxpayers as they plan for 2020. The article highlights ten areas that may present challenges.  Today we’re focusing on the medical expense deduction threshold, confusion over alimony deductions, and failure to report all income.

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Your tax consultant at Sharrard, McGee & Co., PA is ready to help minimize your tax liability, especially if these areas of concern are relevant to your personal situation.  Call us in High Point at (336) 884-0410 or in Greensboro at (336) 272-9777.