standard deductions

Tax Law Changes Refresher for Individuals

Tax Law Changes Refresher for Individuals

Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But it’s smart to begin preparing for filing your 2018 return. Because the Tax Cuts and Jobs Act (TCJA), which was signed into law at the end of 2017, likely will

Sonya Foster2021-04-12T14:55:32-06:00January 2nd, 2019|

TCJA: Personal Exemptions, Standard Deductions, Tax Credits

TCJA: Personal Exemptions, Standard Deductions, Tax Credits

Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018 through 2025. But that doesn’t necessarily mean your income tax liability will go down. The TCJA also makes a lot of changes to tax breaks for individuals, reducing or eliminating some while expanding

Sonya Foster2021-04-12T14:57:09-06:00January 16th, 2018|