Thanks to the Tax Cuts and Jobs Act, the standard tax deduction will become $12,000 per person in 2018 — almost twice what it was in 2017 ($6,350). And, a married couple’s standard deduction increases ...
The 2017 Tax Cuts and Jobs Act has been something of a mixed bag for high-net-worth families. The 260-basis-point cut of the top individual tax rate and the increased threshold to enter the highest ...
Meredith Dietz is Lifehacker’s Senior Staff Writer. She earned her bachelor’s degree in English and Communications from Northeastern University, where she graduated as valedictorian of her college.
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