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MBowens
- Feb 12, 2020
- 3 min
Deductions Galore - Standard vs. Itemized?
Every year during tax season, I get tons of questions from people about how they can "increase" their tax refund and get more money back and one of the things we discuss is if they're going to 'take' the standard or itemize their deductions. The best thing is you get to choose whichever one benefits you more and lowers your tax. What is the standard deduction? The standard deduction is a base amount that each taxpayer is allowed to deduct from their total income and not have
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