As Tax Day Approaches, Filers Find Themselves Big Winners—or Losers

For the first time in 50 years, Bob Charron, a partner and tax practice leader at accounting and advisory firm Friedman, took the standard deduction himself rather than itemizing. No mortgage, good health, and the restriction on SALT deductions for state and local taxes meant no advantage in pulling together the paperwork. “I have a […]

Most Americans Don’t Have High Hopes for Lower Taxes in 2019

Most Americans have apparently given up on lower taxes for now as only 21% of those who already filed their taxes think they’ll pay less for 2019, according to a Reuters/Ipsos poll released Friday. The filing is for the now-closed 2018 tax year, which was the first to see implementation of the tax cuts a […]