What is new this year?
- Standard deduction increased ($13,850) for single filers and ($27,000) for married couples.
- IRA and Roth contribution increased up to $6,500.
- 0% Rates for taxpayers up to $44,625.
- Earned Income Tax Credit increased up to $7,430.
- The child tax credit will remain the same.
- Gift tax increased up to $17,000.
- Standard mileage increased up to $67 cents a mile.
- For your convenience we will offer our DROP OFF and OTP (Online Tax Preparation)