Disaster tax relief: What taxpayers need to know

by | Jun 25, 2024 | Disaster

Tax relief is available for people living in areas declared disasters by the Federal EmergencyManagement Agency. Affected taxpayers have more time to file and pay if they live at anaddress in an area that qualifies for IRS disaster tax relief. They automatically get...

Standard Deduction or Itemized Deductions?

by | Jan 18, 2023 | Itemize, Standard

To simplify this question, first, you need to know what is the standard deduction for your situation?  The Standard Deduction each year is a set amount depending on the situation you’re filling for (Single or Married filing separately, Married filing jointly,...