Posts Tagged ‘personaltaxprep’
Do You Know the Difference Between an Itemized Deduction and a Standard Deduction?
Do you know the difference between an itemized deduction and a standard deduction? Deductions reduce the amount of taxes you owe when filing a federal tax return. That said, there are two types of deductions: The standard deduction, based on an IRS schedule, or the itemized deduction. Knowing which type of deduction is best for…
Read MoreTuesday Tax Tip
Personaltaxprep.com asks: Have you filed for that personal tax extension? Okay, are your taxes ready? Then file them. If your taxes are not ready, if your tax preparer needs anything, GET IT SUBMITTED To your tax preparer. The October 15, 2019 deadline is around the corner and you are officially out of procrastination time. With…
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