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2019
401(k) contribution limit increases for 2020
401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500 | Internal Revenue Service http://bit.ly/2X1zARu
401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500 | Internal Revenue Service http://bit.ly/2X1zARu
As you may already be aware, the standard deduction amounts were increased in 2018 which resulted in fewer people itemizing their deductions. Those of our clients who use the standard deduction miss out on several popular tax breaks, including claiming a deduction for any donations they make to a qualified charity. This means you may be receiving little or no tax benefit for your charitable giving when you had been in prior years.
Can I get a better tax result under the new rules?
Organizations take these easy steps to apply for tax-exempt status | Internal Revenue Service http://bit.ly/2WuP8gj
HBL employees enjoyed a Tucson Roadrunners hockey game compliments of the HBL Fun Committee! Thank you!
Get Ready for Taxes: Get ready today to file 2019 federal income tax returns | Internal Revenue Service http://bit.ly/34fo1sv