5 Important Changes for the 2020 Tax Year

Between the government funding bills signed into law in December and the stimulus packages passed in March, 2020 tax laws feature different deductions, stipulations, and other rules.

You may still be preparing your 2019 return; however, it’s never too early to begin saving and preparing for your 2020 return. Budgeting and saving are easier when you know how much you will owe and how much you can deduct. Review some important changes below, and if you have any questions, we encourage you to explore our tax preparation services and seek our assistance.

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