As we prepare for 2025, there are many strategies that savvy investors and earners can use to make the most of their tax savings and minimize the tax liabilities that they will owe over the coming year. Standard or Itemized Deductions? An important aspect of preparing for the new tax year is deciding whether to […]
The winter holiday season has always been a time for communities and individuals to come together and aid those most in need. Not only is charitable giving a benefit in and of itself, but charitable donations to exempt organizations can also lower the taxable income for your household. Federal tax deductions are generally capped at […]
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