Not the Refund You Expected? Check Your Withholding!
With significant changes occurring from the Tax Cuts and Jobs Act of 2017, the general consensus was that taxes would go down and refunds would go up. Did this happen for you? For a majority of 2018 taxpayers, the total tax did go down; mainly a result of lower tax brackets, increased standard deductions, pass-through business deductions, and/or AMT changes. However, for those W-2 employees that pay income taxes through withholdings on their paycheck, the refund may have be