3 Ways to Maximize Itemized Deductions

Author: External Author | Feb 25, 2021 | Categories: Credit Restoration Assistance , Identity Protection Assistance , IRS Tax Help , Personal Budgeting Assistance , Small Business Bookkeeping , Tax Debt Resolution Services , Tax Preparation Services , Virtual Financial Services

There are two types of deductions, standard or itemized. You should choose the one that lowers your taxes the most. Two out of three people claim the standard one because they don't have enough deductions to itemize—or because they aren't aware of how itemized deductions work.

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Original Article Source Credits: the balance, https://www.thebalance.com

Article Written By: Dana Anspach

Original Article Posted on: January 27, 2021

Link to Original Article: https://www.thebalance.com/maximize-itemized-tax-deductions-2388982

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