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Many taxpayers opt for the standard deduction because it is easier. But sometimes itemizing your deductions is the better choice – often resulting in...
“Other than the real estate clients, I would say almost across the board most other clients, most other industries, professions, etcetera, have all been hurt by this new tax law,” Mark Hausner, principal in the accounting firm Peretz, Resnick, Mitgang & Marcus LLP, told the Business Journal.
Obama administration officials have told Republicans they are willing to discuss an overhaul of the corporate tax code as part of negotiations over the fiscal cliff, according to a report by The Wall Street Journal.