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The following article was published by the IRS. Changes from the Tax Cuts and Jobs Act mean the standard deduction is worth almost twice what it was before, so you may get more benefit from the standard deduction than from itemizing. To figure out whether you should itemize, you can search "how much is my standard [...]
The following article was published by the IRS. Taxpayers who give money or goods to a charity may be able to claim a deduction on their 2017 federal tax return, which basically reduces the amount of their taxable income. Here are some important facts about charitable donations: Qualified charities. To receive a deduction, taxpayers must donate [...]
