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Archive for November 13, 2019

Here’s everything you need to know about your 2020 taxes

Key Points The IRS increased the standard deduction to $12,400 for single filers and $24,800 for married couples filing jointly. An individual can transfer up to $11.58 million without being subject to the 40% federal estate and gift tax, up from $11.4 million in 2019. You can save more money in your 401(k) and in…

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