Leap Line LLC

https://m.facebook.com/story.php?story_fbid=10156591219656816&id=660031815

Here's how to make the most out of new 2020 taxes CNBC's Sharon Epperson breaks down how a new tax law that went into effect in 2020 will impact Americans and the best strategies to deal with it.

IRS Announces Start Date For The New Tax Filing Season. The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 27, 2020. The IRS will begin accepting paper and electronic tax returns that day.
Please contact me for all your tax questions via Email: [email protected] or Phone: 614-373-8681.

Thank you

2020 Tax law:
You are allowed to put up to $19,500 in your workplace 401(k) plan, plus another $6,500 if 50 and over in 2020. This also lowers your taxable income.