Itemized Deductions

Demystifying the Deduction: Standard vs. Itemized

The benefits of itemized and standard deductions shifted during the 2019 tax reform, leaving most filers with even more questions. In order to file your return with confidence, it’s important to stay informed.  

The standard deductio…

Did Tax Reform Help Me?

If you ask people whether they think the Tax Cuts and Jobs Act of 2017 helped them or cost them more money, you may hear different answers.
If they recently filed their taxes, the foremost thing in their minds may be whether they got a tax refund or no…

Did Tax Reform Help Me?

If you ask people whether they think the Tax Cuts and Jobs Act of 2017 helped them or cost them more money, you may hear different answers.
If they recently filed their taxes, the foremost thing in their minds may be whether they got a tax refund or no…

How Tax Reform Changed Deducting Unreimbursed Job Expenses

If you typically deduct unreimbursed job expenses as an employee, get prepared for a change this tax season. All unreimbursed job expenses for traditional employees are no longer tax deductible. Here’s a breakdown of how that tax reform chan…

When Do the 2018 Tax Reform Changes Take Effect?

Tax reform imposes the biggest change to the tax code since the 1980s. And many people are wondering what’s changed, how it will affect them, and what they should do about it.For most individuals, very little impacts their 2017 return. Except for the l…