 TITLE: How the New Tax Law May Affect You CONTENT: What Does the New Tax Law Mean for Me?\n--------------------------------------\nDepending on your income level, family and other factors, your tax return could see a bigger return—or a bigger bill. In some situations, certain changes can work to cancel each other out, although not always entirely.\nLarge families, for instance, will lose big deductions in the form of personal exemptions but can take advantage of a larger child tax credit, which offers a dollar-for-dollar reduction of your tax bill.\nIt's important to understand your particular situation to get an idea of how the new law has affected you. If you receive a smaller refund this year, it may simply be because you had less tax withheld in 2018. But it can also mean that you also lost some other important tax breaks.\nIf you're not sure exactly what the new tax law means for you, consider working with a tax professional to get a deeper look at your situation. END