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Feb 19, 2024
Microsoft News
For tax year 2023 (taxes to be filed in 2024), the STANDARD DEDUCTION will increase to the new rates: Single: $13,850 Married filing Joint: $27,700 Head of Household: $20,800 For some people that itemize their deductions, it may not be necessary if the standard deduction will be more beneficial. It's a good time to talk with your CPA or tax professional to start tax planning in the 4th quarter. For your tax, accounting and business advisory needs: 📱: faithbynum.com 📞: 919-858-6807 💻: info@fai
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