Tax & Current Accounting Topics

Things taxpayers should know when choosing between standard and itemized deductions


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COVID Tax Tip Things taxpayers should know when choosing between standard and itemized deductions 

https://www.irs.gov/newsroom/things-t

https://accountinginstruction.info/

​Deductions reduce the amount of taxable income when filing a federal income tax return. In other words, they can reduce the amount of tax someone owes.

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Tax & Current Accounting TopicsBy Robert (Bob) Steele