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Monthly Archives: March 2026

19 03, 2026

Standard Deduction vs. Itemized Deductions

By |2026-03-19T09:56:22-07:00March 19th, 2026|Tax|0 Comments

Standard Deduction vs. Itemized Deductions A deduction is something the IRS offers to help maximize your refund or reduce your liability. It is an amount you can subtract from your Adjusted Gross Income to reduce the overall income subject to taxation. There are two types of deductions, the standard deduction and itemized deductions. In [...]

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