Get the best tax bang for deductions

Posted on Nov 1, 2011

Review your tax deductions for 2011. If you’re close to the cutoff point between itemizing or taking the standard deduction, consider the advantage of bunching your deductible expenses every other year. You can then alternate between itemizing one year and taking the standard deduction the next, saving tax dollars by doing so. For help in your calculations, contact our office.

 

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