Should I Itemize My Tax Deductions or Take the Standard Deduction?

You'll always have to make a key choice when you file: electing to take the standard deductio.....»»

Changes in deductibles and payroll withholding threw many for a loop. For the first time in 50 years, Bob Charron, a partner and tax practice leader at accounting and advisory firm Friedman, took the standard deduction hims.....»»

Politicians in mostly Democratic high-tax areas say the new federal cap on state and local tax deductions hurts their residents. Yet the vast majority of those taxpayers never actually got the break... To view the full story, click the title link......»»

Number of filers expected to take the deduction will drop more than 57%, according to the Joint Committee on Taxation......»»

This deduction is easy to use and higher than ever before......»»

New York state lawmakers found a clever way for employers to help their workers circumvent a new $10,000 federal cap on state and local tax deductions. Employers, however, so far aren’t crazy about it......»»

The Internal Revenue Service warned taxpayers to proceed with caution after states including New York and New Jersey approved workarounds involving charitable organizations to circumvent new federal limits on deductions for state and local taxes......»»

The Internal Revenue Service warned taxpayers to proceed with caution after states including New York and New Jersey approved workarounds involving charitable organizations to circumvent new federal limits on deductions for state and local taxes......»»

The Internal Revenue Service warned taxpayers to proceed with caution after states including New York and New Jersey approved workarounds involving charitable organizations to circumvent new federal limits on deductions for state and local taxes......»»

Several states this year have moved to let residents circumvent the new $10,000 federal cap on state and local tax deductions......»»

The Trump administration is finishing what’s expected to be a crackdown on state laws circumventing the new $10,000 federal cap on individual deductions for state and local taxes......»»

Tax changes have taken effect, but they won't save everyone money......»»

Monday’s top personal finance stories.....»»

It’s that time of year again......»»

Many people make charitable giving decisions in November and December — or at least they used to. With the increase in the standard deduction in the Tax Cuts and Jobs Act, fewer people will now receive tax benefits for their charitable donations. .....»»

The IRS has updated its individual income tax brackets for the new year. The agency has also tweaked its standard deduction and done away with a $695 penalty for failure to carry health insurance. What you need to know......»»

Standard deductions are going up, again......»»

Standard deductions are going up, again......»»

Standard deductions are going up, again......»»

Yahoo FinanceIt's Official: The 2019 Standard Deduction Is Getting Even LargerYahoo FinanceThe standard deduct.....»»