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Basic Federal Tax Forms May be Simpler This Year

Basic Federal Tax Forms May be Simpler This Year

Photo: WNAX


A tax expert says basic federal tax forms are actually a bit simpler this year. Creighton University accounting professor Tom Purcell says some new taxpayers in Nebraska will find they don’t need a C-P-A to complete their returns.

A federal report estimates 30-million Americans aren’t withholding enough money from their paychecks and will owe the I-R-S money when they file this year. Purcell says it’s due to changes in the federal withholding tables.

For those who find they aren’t withholding enough, Purcell recommends they revise their W-4 forms with their employers right away — for next year.

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