A new year year means many wonderful things: and the optimism that comes with a fresh start, resolutions that you may or may not keep, and a clock reset of sorts. However, it also means that tax season approaches.
When you file your 2018 taxes in early 2019, you can use the information that you’ve had for the past few years. However, for all of your bookkeeping in the new year, be aware that things are changing.
To make sure that you file your 2019 taxes appropriately (as in your income in the coming year from Jan. 1 2019 onward), you should double-check your income bracket as you track your revenue throughout the year as the IRS has slightly changed the brackets.
These new brackets are:
For more information about 2019 tax changes, see this helpful article by the Tax Foundation.