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If you failed to withhold enough tax in 2018, the IRS has a nasty surprise for you

Source: cnbc.com - Feb 8, 2019

We're only in the second week of tax season — and some filers are already in for a nasty surprise from the IRS.

This spring marks the first time taxpayers are submitting returns under the Tax Cuts and Jobs Act, which went into effect in last year.

Though the 2018 filing season only started on Jan. 28, some early filers are discovering that they either owe the IRS or they'll be getting a smaller-than-expected refund from the taxman.

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Category: General Business