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Mid-Year Tax Tips To Start 2020 Planning

By BARRY LISAK
Posted 7/20/20

For most taxpayers, the tax deadline has passed. But planning for next year can start now. The IRS reminds taxpayers that being organized and planning ahead can save time and money in 2020. Here are some things you can do now to make next April 15 easier.

Adjust your withholding. Each year, millions of American workers have far more taxes withheld from their pay than is required. Now is a good time to review your withholding to make the taxes withheld from your pay closer to the taxes you'll owe this year.

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