When you file your 2016 federal income tax return next year, you have the option to take a standard deduction. For 2016, that’s $6,300 for single taxpayers and for married individuals filing separately; $12,600 for couples filing jointly and for certain widow(er)s; and $9,300 for those filing as headsRead More >

This CPA Client Tax Letter is provided by Art Jayroe, CPA to its clients through an arrangement with the AICPA, which holds the copyright to the CPA Client Tax Letter and reserves all rights. Permission is required for any further redistribution or reuse of this content. Please directRead More >