Tax Season is getting closer! We at Sterling Tax & Accounting want to make sure you have a full understanding of you filing status. Are you single? Married? Do you want to file Married filing Jointly? Click HERE to read more about the rules and guidelines for...
Standard vs. Itemized Deduction The tax laws have changed! How can you keep up with everything when it comes to taxes? What is the Standard deduction vs Itemized Deduction? Which way should you file to minimize your tax burden? The fact is many individuals will no...
The new tax law, commonly called the “Tax Cuts and Jobs Act,” is the biggest federal tax law change in over 30 years. There are some significant changes affecting individuals and businesses. Note: Except where indicated, the changes are effective for tax years...
The end of the year is fast approaching, and do you know what that means? Tax Season begins! With all of the tax changes in 2018, many individuals will no longer itemize their deductions on Schedule A. If you believe you will be able to itemize deductions despite the...
