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The Earned Income Credit

The number of returns claiming the Earned Income Tax Credit (EITC) has grown in recent years, but that doesn’t mean it that taxpayers understand the complexity of it.  The earned…

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Common Itemized Deductions

A standard deduction is a fixed amount of tax deductions from income that a taxpayer may choose to make without having to itemize them. (Standard Amounts = Single $5,700; Married…