Tag Archives: Irs 1040 Ez

Standard vs Itemized Deductions


Everyone gets at least a couple of deductions on their federal tax return.  One you can always count on is the standard deduction.  Remember, deductions are things that reduce your taxable income…the more you have, the less of your income will be taxed.  So, with the IRS giving everyone a freebie is like the IRS saying everyone can have a little bit of income tax Read More →