Hoping to save on your 2019 taxes? Time is running out
There’s still time to shave a few bucks off your 2019 tax bill — if you act quickly. The 2018 tax season came with harsh lessons for some taxpayers who didn’t properly adjust their plans for the Tax Cuts and Jobs Act. This overhaul of the tax code roughly doubled the standard deduction ($12,200 for single filers and $24,400 for married couples filing jointly in 2019), eliminated personal exemptions and limited certain itemized deductions.
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