The maximum student loan interest deduction for 2019 is $2,500. The credit phases out for higher income taxpayers when modified adjusted gross income exceeds the following limits:
Married filing jointly $140,000–$ 170,000
Single, head of household, or qualifying widow/widower $70,000-$85,000
This general business credit is a percentage of the amount of wages paid to a qualifying employee while on family and medical leave for up to 12 weeks per taxable year. The credit is generally effecti
The Tax Cuts and Jobs Act does not change the prior law rule disallowing a deduction for the expenses of maintaining and operating facilities used to entertain clients and customers. Examples of enter
The Tax Cuts and Jobs Act does not change the prior law rule disallowing a deduction for dues or membership fees for country clubs, golf and athletic clubs, airline clubs, hotel clubs, business lunche