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2018 Home Equity Lines & 2nd Mortgages

A major change has occurred on home equity lines and 2nd mortgages, most of which are now not deductible. In order to get your largest deduction, we will need to know much more information on these amounts than in the past such as amounts borrowed and used.

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2018 Tax Changes for Individuals

Employee work related business expenses are no longer deductible on the Federal return, but we may still need the information for your state return, and if you incur a lot of these types of expenses,

Itemized Deductions for 2018

The ability to itemize deductions has been dramatically decreased because the new law provides a much larger standard deduction. You are allowed to deduct the greater of the two. However, we still n