Electing the standard federal deduction impacts your deduction method at the state tax level as Maryland forces taxpayers to follow their federal return.
Understand Maryland Itemized Deductions in 2019 and what determines whether you can itemize or take the standard deduction.
A 2020 report from the Tax Foundation found a single average wage earner pays about 29.8 percent in federal taxes. Here's how to reduce your taxable income.
At RCS Financial Planning, our mission is clear and straightforward: to provide personalized wealth planning and investment advice that minimizes our clients' financial concerns and maximizes their long-term peace of mind.. We firmly believe that a true financial partner shows you how to make the best choices for your future by always focusing on your needs first. And our fee-only service model ensures there is no conflict of interest.
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