Nov 12, 2019 | Personal Financial Planning, Tax News
As it typically does, the IRS has made inflation adjustments for various tax items for the coming year — 2020. More details can be found in Rev. Proc. 2019-44. Below are the adjustments that apply to a wide range of taxpayers. The standard deduction for married filing...
Nov 7, 2019 | Personal Financial Planning, Tax News
Every year, the Social Security Administration takes a fresh look at its numbers and typically makes adjustments. Here are the basics for 2020 — what has changed, and what hasn’t. The basic percentages have not changed Employees and employers continue to pay...