The Internal Revenue Service (IRS) recently released annual tax inflation adjustments for 2021 for more than 60 allowances, including tax rate schedules, standard deductions, itemized...
Posted by Rosovich & Associates, Inc. on 12/31/2020
The year 2020 is almost winding up, and many people will never forget the year and its effect. I am sure the entire human race will do anything not to have a year like 2020 nor have...
Posted by Accurate Books And Tax on 12/31/2020
Uncle Sam recently announced the 2021 tax rate in a bid to take care of inflation. The top tax rate will be at 37% for 2021 tax returns filed by taxpayers in the year 2022. However,...
Posted by Unifirst Financial & Tax Consultants on 12/31/2020
The standard deduction can help you deduct thousands of dollars from your taxable income. What is it, and how do you claim it?It is never too late to start thinking about how you plan...
Posted by Unifirst Financial & Tax Consultants on 11/24/2020
As a homeowner, it's imperative to know and understand the taxes you can deduct from your taxes because they will help you reduce your taxable income and reduce your tax burden....
Posted by Flynn Financial Group Inc on 10/29/2019
When you file tax returns, deductions reduce your income and the amount you owe. Taxpayers have two options: they can claim a standard deduction, or they can specify and request specific...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/30/2020
There are some options available to taxpayers when filing their returns. They can either take the standard deduction method or the other way, which is to itemize their deductions.The...
Posted by BRIAN PRZYSTUP & ASSOCIATES LLC on 01/27/2020
