Thursday, November 7, 2019
THIS JUST IN!
The IRS has just released the COLA and inflation adjusted numbers for the Form 1040 for tax year 2020 – tax rates, Standard Deduction amounts, pension contribution limits, etc, etc, etc. These are the numbers that will be used on the 2020 Form 1040 that you will file in 2021.
As I do each year, I have created a special report of WHAT’S NEW FOR 2020 with these numbers - for use in your year-end 2019 and year-round 2020 tax planning. The only numbers not included in this report are the 2020 standard mileage allowance amounts, as they have not yet been announced.
My compilation is available, send as a pdf email attachment, for only $1.00. A revised report will be sent in the same manner when the standard mileage allowance rates are announced.
The first 50 to order the 2020 compilation will also be send my WHAT’S NEW FOR 2019 report.
Send your check or money order payable to TAXES AND ACCOUNTING, INC to –
TAXES AND ACCOUNTING, INC
WHAT’S NEW FOR 2020
POST OFFICE BOX A
HAWLEY PA 18428