Alliance of Comprehensive Planners Provides Tax Tips That Will Help Save Money

Alliance of Comprehensive Planners Provides Tax Tips That Will Help Save Money

WILMINGTON, N.C. (STL.News) – Given the complexity of changes to the tax code, thanks to tax reform legislation passed in 2017, most tax payers are left confused and unsure about how to plan for taxes in the coming year. The new law altered the federal income tax brackets, doubled the standard deduction and changed many other tax credits and deductions, such as for pass-through businesses.

Here are a few tips from members of the Alliance of Comprehensive Planners (ACP) to help tax payers reduce confusion and prepare and structure their finances in order to minimize their tax footprint moving forward for 2019.

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