(732) 222-4422 leighkremer@verizon.net
2020 Tax Changes

2020 Tax Changes

The new year brings may changes to the tax rules: Deductions: The standard deductions that is now taken by most taxpayers has risen to $24,800 for married couples, plus $1300 for each spouse age 65 or older.  Singles can now claim $12,400 and an additional $1,650 if...