Surprised by a Small or Non-Existent 2019 Tax Refund? You’re Not Alone
When tax season rolls around, the news media goes into overdrive: sharing everything from restaurants that offer Tax Day deals to last minute tax-saving tips.
This year? The headlines have taxpayers feeling nervous: “If your tax refund is smaller or you owe taxes, CPAs explain why,” reads a NOLA.com article with many comments. “Seven reasons why your 2019 tax refund is so small,” makes the front page of the Sonoma Valley Sun.
So, what changed in 2018 to generate this taxpayer alarm over 2019 tax refunds?