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None of us want to pay more in taxes than we have to. Fortunately, the government gives taxpayers lots of ways to reduce their tax bills, with a host of deductions, credits, and other breaks designed to help you manage your taxes effectively. (Flower Mound Accounting: Biggest 2020 Tax Breaks)... Read more

A new year means an entirely different set of tax laws to follow. Thankfully, these changes are all good ones that can put more money in your pocket this year. (Flower Mound CPA All Stars: Tax Changes to Know in 2020) 1. A higher standard deduction…yay Tax filers have two... Read more

When an individual or couple files their taxes, they are usually eligible for at least a few tax breaks. The thing is, deductions and credits aren’t usually applied automatically. In many instances, you have to choose to pursue that tax deduction on your return. If you don’t, then you end up overpaying. (DFW... Read more

Putting money aside for your future is important, but it’s not easy. Trying to find savings to invest can be hard for anyone. (CPA Flower Mound, Texas: Little Known Investor Tax Breaks) To encourage people to save, the federal government offers tax breaks that are specifically available only to investors.... Read more

The Tax Cuts and Jobs Act was the most sweeping overhaul to the United States tax code in decades. In addition to lowering the tax bills for many Americans, the tax reform bill also simplified the tax code. (Dallas CPA Advisors: Best Tax Deductions For You) One of the ways... Read more