WK Tax Service

Filing Season Start - Did You Know?

The IRS has confirmed that it will begin processing returns on January 28th, 2019, and provide refunds as scheduled despite the government shutdown.

The filing deadline for 2018 tax returns is Monday, April 15th, 2019. If you live in Maine or Massachusetts, you have until April 17th due to public holidays in those states.

IRA Phase-Outs - Did You Know?

If you or your spouse is covered by a workplace retirement plan, the IRS has increased the phase-out ranges for making contributions to Individual Retirement Arrangements (IRAs):

- Single: $64,000-$74,000 from $63,000-$73,000
- Married filing jointly (with one spouse making the contribution and covered by a workplace retirement plan): $103,000-$123,000 from $101,000-$121,000