Brand new ABOVE THE LINE deduction for Charitable Contributions! The new tax law TCJA effective a few years ago, doubled everyone’s standard deduction reducing the number of taxpayers that continue to itemize their deductions. Now, charitable contributions are...
WV Retirees will pay less tax since new legislation makes Social Security Benefits non-taxable. This change is being phased in over the new few years and this is how tax year 2020 will look: A certain percentage of the Social Security retirement benefits that...
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