Tag Archive for: irs

Five Tax Deductions You Can Still Claim In 2020

Although the 2017 Tax Cuts and Jobs Act eliminated a number of key tax deductions, here are a few expenses you can still write off if you're in the process of putting together your 2019 return. CLICK ON THE HEADLINE FOR MORE

2019, 2020 Contribution Limits For 401(k)s, IRAs, And HSAs

The 2020 IRA contribution limit is the same as the 2019 IRA contribution limit, but taxpayers will be able to contribute more to their 401(k) accounts and health savings accounts (HSAs) in 2020. CLICK ON THE HEADLINE FOR MORE

Four Costly Tax Mistakes To Avoid

Simple errors could cost hundreds or even thousands of dollars if you don't get things right the first time when dealing with the IRS. To help you avoid errors that could come back to haunt you, here are four big mistakes to be aware of. CLICK ON THE HEADLINE FOR MORE

Smaller Tax Refund This Year? Here Is Why, And How To Fix It Next Time

Millions of Americans are finding their refunds are smaller this year. For the three reasons why, CLICK ON THE HEADLINE

Here Are The New Tax Brackets For 2019

The Trump administration passed the Tax Cuts and Jobs Act at the end of 2017, which enacted a number of reforms to the U.S. tax code—including lowering income brackets for most individuals. CLICK ON THE HEADLINE FOR MORE

Six Tax Deductions You’ll Lose On Your 2018 Return

The Tax Cuts and Jobs Act placed steep limits on itemized deductions, including lesser-known breaks. Here are six itemized deductions that are capped or gone altogether from the 2018 return. CLICK ON THE HEADLINE FOR MORE