Government & Politics  March 30, 2018

Tax law changes affect individual tax strategies

Taxpayers have just signed — or soon will sign — their 2017 tax returns, but it isn’t too early to be thinking about how the new federal tax law will affect income and expenses in the 2018 tax year.

Many taxpayers may have already noticed a change to the tax withholdings on their paychecks. For many, the new tax rates have caused decreases in taxes withheld. But not all taxpayers are treated alike — there are too many personal circumstances that come into play to easily predict whether the decreased withholdings will result in a tax obligation…

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Sign up for BizWest Daily Alerts
Closing in 8 seconds...