You don't have much choice when it comes to whether to pay your taxes, but you can decide how to approach your tax deductions -- those allowable subtractions that can lower the amount you owe in taxes ...
For 2018–2025, the Tax Cuts and Jobs Act (TCJA) eliminates write-offs for miscellaneous itemized expenses that were previously subject to the 2%-of-adjusted-gross-income (AGI) deduction threshold.
Albany- The office at Joy's Bookkeeping service is relatively quiet right now, but in a few weeks it will be buzzing. Tax preparer Jimmy Peak says many people don't realize if they use an itemized ...
Taxpayers should give as much consideration to the form in which they make charitable donations as they do to the amounts they give. By making some changes they might deliver more benefits to ...
Q: A friend of mine says he deducts 100% of his charitable contributions. My tax person says I won’t get any deduction if my wife and I donate $5,000 to the building fund at my church. What gives? — ...
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