Standard Deduction vs. Itemizing | 2018-2025 | Yana Rudneva, MPACC-Tax

Today we are comparing and contrasting the Standard Deduction vs. Itemizing deductions. I have noticed that Taxpayers don’t always understand, if they are allowed to take both deductions, what the deductions are, and if records and documentation is required no matter what deduction they take. Watch the webinar to get the answers.

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Materials Discussed in this webinar are for informational purposes only and should not be regarded as accounting or tax advice provided by YR Tax Compliance LLC. These materials have been prepared by professionals, however they should not replace professional services, and the user should seek advice before acting on any information presented. Every situation is uniquely different and could make a world of difference on implementation of specific regulations. YR TAX Compliance LLC assumes no obligation to provide notification of changes of tax laws, regulations or other factors that could affect the information posted.