Tag Archives: tax credit

The Standard Deduction and When You Should Take Advantage of it

Traverse City MI 8-3-2019 – Every taxpayer is entitled to claim standard deductions on their taxes but they are left with a choice to make. Taxpayers can either take the standard deduction or itemize their tax return. They can’t take both. So, what is the right choice? How does the standard deduction work and when […]

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The Earned Income Credit 2019, 2020- Valuable Tax Credit for Americans

Traverse City, MI – 04-18-2019 – Without doubt, the Earned Income Tax Credit (EITC) is the most valuable credit for working parents with a low to moderate income. It offers the potential to lower their tax bill beyond $0 so they can get a refund from the IRS. In a new post, Efile Tax Advisor […]

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