Standard Deduction versus Itemized Deductions Under the Tax Cut & Jobs Act: Taxpayers can either itemize deductions or take the standard deduction. For 2018, the standard deduction has increased, while certain itemized deductions have been eliminated. As a result of the Tax Cut & Jobs Act recently signed into law in 2017, 90% of all taxpayers will likely use the standard deduction and, therefore receive no tax benefit for itemized deductions such as the home mortgage interest deduction
When the Tax Cuts and Jobs Act (TCJA) was passed in 2018, a lot of time and focus was placed on all ...
This report analyzes the most recently available public data from the Internal Revenue Service's (IR...
Budget 2020 has proposed to introduce new tax slabs with reduced rates for those foregoing 70 tax ex...
Standard Deduction versus Itemized Deductions Under the Tax Cut & Jobs Act: Taxpayers can either ite...
Almost 30 million taxpayers who itemized their federal deductions for the 2017 tax year switched to ...
With all its complications, the US personal income tax code is an attractive target for reformers. I...
New tax legislation enacted in December 2017 exacerbates the extent to which various itemized deduct...
The Pass-Through Tax Deduction: The new (as of 2018) 20% deduction for business income passing throu...
Individual taxpayers are subject to different rules for deducting different types of interest expens...
The presidential candidates this campaign season are a diverse group with a wide range of tax policy...
In U.S. federal income tax, the standard deduction, along with the personal exemptions, provides tax...
Concern for the tax treatment of charitable contributions has increased as a result of the Tax Cuts ...
Commentators have long regarded section 68, the overall limitation on itemized deductions, as primar...
TCJA Disallowance of Business Deduction for Entertainment, Amusement, and Recreation: The Tax Cuts a...
This report analyzes various proposals to restrict itemized deductions--both across-the-board and in...
When the Tax Cuts and Jobs Act (TCJA) was passed in 2018, a lot of time and focus was placed on all ...
This report analyzes the most recently available public data from the Internal Revenue Service's (IR...
Budget 2020 has proposed to introduce new tax slabs with reduced rates for those foregoing 70 tax ex...
Standard Deduction versus Itemized Deductions Under the Tax Cut & Jobs Act: Taxpayers can either ite...
Almost 30 million taxpayers who itemized their federal deductions for the 2017 tax year switched to ...
With all its complications, the US personal income tax code is an attractive target for reformers. I...
New tax legislation enacted in December 2017 exacerbates the extent to which various itemized deduct...
The Pass-Through Tax Deduction: The new (as of 2018) 20% deduction for business income passing throu...
Individual taxpayers are subject to different rules for deducting different types of interest expens...
The presidential candidates this campaign season are a diverse group with a wide range of tax policy...
In U.S. federal income tax, the standard deduction, along with the personal exemptions, provides tax...
Concern for the tax treatment of charitable contributions has increased as a result of the Tax Cuts ...
Commentators have long regarded section 68, the overall limitation on itemized deductions, as primar...
TCJA Disallowance of Business Deduction for Entertainment, Amusement, and Recreation: The Tax Cuts a...
This report analyzes various proposals to restrict itemized deductions--both across-the-board and in...
When the Tax Cuts and Jobs Act (TCJA) was passed in 2018, a lot of time and focus was placed on all ...
This report analyzes the most recently available public data from the Internal Revenue Service's (IR...
Budget 2020 has proposed to introduce new tax slabs with reduced rates for those foregoing 70 tax ex...