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August 8, 2018

The New Form 1040 - Navigating the Postcard

In this podcast, Chris Madrid from our Family Wealth and Individual Tax Planning Group discusses the recently released draft of the new Form 1040 and the changes taxpayer’s should look out for.

https://www.aslcpa.com/wp-content/uploads/2018/08/The-New-Form-1040-–-Navigating-the-Postcard-Chris-Madrid.mp3

Read The New Form 1040 – Navigating the Postcard/ article.

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Categories: Family Wealth & Individual Tax Planning, Tax Reform
Tags: Christine Collins Madrid, Family Wealth, Form 1040, Podcast, Taxpayers,
August 2, 2018

The New Form 1040 - Navigating the Postcard

By Christine Collins Madrid, CPA, Tax Director

The IRS recently released a draft of the new Form 1040, which has had a dramatic makeover. The new form is a large postcard-size document (half the normal page size), which may be a nod to President Trump’s campaign promise to simplify the tax code to the point that an average American could fill out their form on a postcard. Forms 1040EZ and 1040A have been eliminated, so all taxpayers will be using this new Form 1040 beginning with the 2018 tax year. (more…)

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Categories: Family Wealth & Individual Tax Planning, Summer 2018
Tags: Christine Collins Madrid, Family Wealth, Form 1040, Taxpayers,

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