Now that tax season is behind us, it's a good time to take another look at your tax plan for 2019. Although many life events are unexpected, there are quite a few things that you
plan for when it comes to your taxes. Here are a few life events that you should take into consideration when it comes to your tax plan:
- Birth in the family
- Someone in the family starting college
- Sale of real estate
- Changing jobs or retiring
- Sale of stock
All of these events are things that might necessitate either a change in your monthly tax witholdings, or (in the case of self-employed people) a change in estimated quarterly tax payments. If you have any questions about what you should do to avoid unpleasant surprises next April, contact our office.