Tag Archives: Standard Deduction

How Tax Law Changes Will Affect Your Charitable Giving Deductions

The 2018 tax law changes still allow you to deduct charitable donations, but due to some differences in the new law, many of you will no longer benefit from your charitable donations.  The standard deduction for a couple is now increased to $24,000.  This means that it may be in your best interest to take…
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More Tax Breaks For People Over 50

This article came from US News & World Report... After age 50, and especially at age 65, you can qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more before they have to file a tax return at all. Workers over 50 can also defer or avoid taxes on…
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Will Obama Raise My Taxes?

Will Obama raise my taxes? How much will taxes go up in 2011? These are big questions on most Americans minds today. Read this article to find out more.
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