by LeAnne Perkowski | Nov 12, 2018 | Melinda's blog
From Melinda May, CPA | Featherstone More taxpayers are likely to take the standard deduction for 2018, rather than claim itemized deductions. Therefore, they’ll lose the tax benefits from their charitable contributions. Example 1: Art and Beth Dean are in their 40s...
by LeAnne Perkowski | Nov 5, 2018 | Melinda's blog
From Melinda May, CPA | Featherstone Under the new, as well as prior, tax law, taxpayers can either take a standard deduction or itemize deductions on Schedule A of IRS Form 1040. Typically, tax preparation involves comparing the total of itemized deductions with the...
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