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    • Tax >
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        • Tax Resolutions
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Browse our blog for helpful tax planning and preparation information.

​Increased standard deduction

1/31/2019

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The new standard deductions are:
  • Heads of household:  $18,000
  • Married filing jointly:    $24,000
  • All other taxpayers:     $12,000
Although you may have historically had itemized deductions exceeding these amounts, other changes to itemized deductions may affect whether you are above the standard deduction in a given year. The increased standard deduction is effective through Dec. 31, 2025.
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"There are many limitations and restrictions to this provision, so we advise that you schedule a personal tax preparation appointment with us to fully understand the impact on your situation" . 262-358-8297
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    Keana Spencer is an Accountant, Entrepreneur, and Educator to her clients, with a strong passion.  Keana has over 10 years of experience and through her practice, she is a source of knowledge and strategies to her clients.

    Keana founded this website and decided and created this blog page to offer a space for those seeking knowledge to understand, however not to be confused with advice or planning strategies.

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