Why is your tax refund lower this year? A local tax expert explains

Tax experts recommend you get your taxes filed sooner rather than later. That's because this tax season is more complicated than year's past.

Posted: Feb. 12, 2019 1:59 PM
Updated: Feb. 12, 2019 1:59 PM

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road 63 and springhill road. it's tax season! you may be getting a "smaller" tax refund this year. news 10 talked with a manager at "stadler and company" in terre haute. joe coonce says the smaller refunds are due to a change in tax code. withholding tables were changed so that people received more money in their paychecks during the year. another tax code change impacted the child tax credit. "they changed withholding tables last year. you've received more money back when you have worked the entire year. but your refund may not go ahead and be as much as it has been in the past. but overall for most taxpayers it will be a benefit to them." if you have any questions about filing your taxes
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