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Blog The 2022 Tax Filing Season: What You Need to Know

Blog The 2022 Tax Filing Season: What You Need to Know
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Missing these tax credits and deductions could cost you thousands


Missing these tax credits and deductions could cost you thousands
By Jason Notte
of Cheapism
|
To Your Credit
While some of the best credits and deductions required taxpayers to take action before Dec. 31, there are others that can be used right up to the filing deadline. Whenever possible, though, seek out credits rather than deductions: Each dollar in tax credits is one less dollar in taxes paid, while deductions that reduce taxable income offsets taxes by only 10 to 39.6 cents for every dollar deducted, depending on the tax bracket. With help from Melinda Kibler, a certified financial planner and enrolled agent with Palisades Hudson Financial Group in Fort Lauderdale, Florida, we found a host of 2020 deductions and credits to choose from. ....

United States , Fort Lauderdale , Melinda Kibler , Palisades Hudson Financial Group In Fort Lauderdale , Palisades Hudson Financial Group , Tax Law Changes You Need , Know Before Filing , ஒன்றுபட்டது மாநிலங்களில் , கோட்டை லாடர்டேல் , மெலிண்டா கிப்லெர் , பாலிசேட் ஹட்சன் நிதி குழு இல் கோட்டை லாடர்டேல் , பாலிசேட் ஹட்சன் நிதி குழு , வரி சட்டம் மாற்றங்கள் நீங்கள் தேவை , தெரியும் முன் தாக்கல் ,