2019 Most Common Tax Return Questions

Is your tax bill not up to your expectation under the application of the new tax law? You may hear tax cut out on the streets but it may not always be the case, at least not to all individuals. Take a glimpse of the most common tax return questions to understand more about why your tax return are the way it is.

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Blue RockTax Law
2018 Tax Reform - Deduction

How 2018 tax reform changed deduction? In short, the standard deduction has increased, but that only means fewer can claim the itemized deduction. This reform limits those who itemized and benefit those who do not. Depending on your income bracket, you may have lower tax liability this year than the last.

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TaxBlue RockTax, Deductions, Tax Law