Tax Deduction

Tax Deductions

2021 Tax Deductions Are Getting Larger: What This Means to You

In 2020, the standard deduction you could claim on your taxes was raised to almost double the past amount. Many American families will see the savings reflected when filing their taxes for 2020. The IRS recently announced the new adjustments for the 2021 tax deduction. There were a few surprises; namely, the standard deduction has Read more

Tax Tips to Follow before 2021

The end of 2021 is fast approaching. Soon, you’ll need to file your taxes. Tax season doesn’t have to be filled with dread and worry. There is still time to make your 2021 tax filing a more successful one. Follow these tax tips and you may have a better 2021 tax experience. Things to do Read more