Taxes

Taxes

I sure do hate having to prepare taxes! It takes me quite awhile to do them. I use Turbo Tax, which by the way is a great program.

Why don’t our lawmakers realize what a crappy system we currently have and do away with this annual filing of tax returns?

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Tax changes for 2018

The tax law has been revised. Here are some provisions that might impact your tax bill: A Higher Standard Deduction –  Approximately, 70 percent or so of households do not file an itemized federal tax return. The standard deduction in new tax bill nearly doubles the standard deduction. It goes to $12,000 for an individual, $18,000…