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We are ready to provide you with up-to-date tax information online, by phone, or during personal meeting
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The most recent IRS data shows that the average tax refund, for returns filed through February 22, 2019, is $3,143. That’s slightly higher than the averagerefund filed by roughly the same time in 2018: $3,013. The standard deduction amounts will increase to $12,200 for individuals, $18,350 for heads of household, and $24,400 for married couples filing jointly and surviving spouses. For 2019, the additional standard deduction
Can you claim dependents in 2019? Here’s how it works out for the 2019 tax year. Let’s say you don’t have a childdependent. You‘ll still qualify for the EITC if your income does not exceed $15,570 for the year and you‘re not filing a joint married return. If you are filing a joint married return, you can earn up to $21,370 and still qualify.
Are muni bonds a good investment? Municipal bonds present several advantages over corporate bonds. While the interest on a corporate bond is likely to be higher, it’s not tax exempt. Mostmunicipal bonds are exempt from federal taxes. … If you invest in a municipal bond in another state, county or city you will likely have to pay taxes. Are muni bonds safe?
7 Common Tax Mistakes to Avoid Like the Plague Overlooking Income. … Messing Up the Math. … Forgetting to Double-Check Numbers and Signatures. … Missing Out on Deductions and Credits. … Failing to Itemize Deductions. … Not Asking for More Time. … Misunderstanding Extension Rules
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