Tag Archives: Tax

Federal 2019 taxes

Federal taxes

Federal 2019 taxes are changing and you better become aware of what they are.

From US News, “Although the standard deduction nearly doubled to $12,000 for single tax filers and $24,000 for married couples filing jointly, key deductions like state and local taxes and mortgage interest were capped at $10,000. That’s going to hurt people in states where property and or income taxes are high. Further, the tax code suspends miscellaneous deductions, such as certain types of home equity interest deductions and fees paid to accountants and investment advisors – these can no longer be written off. Continue reading Federal 2019 taxes