Archive Monthly Archives: March 2019
Standard Tax Deduction: How Much It Is and When to Take It
The standard deduction reduces your taxable income. For 2018 taxes, the standard deduction is $12,000 for single filers and married filers filing separately, $24,000 for married filers filing jointly and
Read MoreTreasury Cuts Penalties for Taxpayers Who Got Confused about Withholding
The U.S. Treasury Department is again reducing penalties for taxpayers who didn’t pay enough of their tax bill throughout the year.Taxpayers who paid at least 80 percent of their estimated tax liability
Read More10 Things You May Not Know Are Taxable
If you work for a living, you know that your wages are taxable, and you’re probably aware that some investment income is taxed, too. But the IRS doesn’t stop there.If you’ve picked up some extra
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