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 longer itemize their deductions on Schedule A. Are you tracking or creating expenses no longer eligible for a tax deduction?  Click HERE to get a better understanding.

And remember to contact the CPAs at Sterling Tax & Accounting for all of your Sarasota, Florida tax and bookkeeping needs!