... Trump and congressional Republicans released on September 27 proposes a variety of tax law changes. Among other things, the framework calls for increasing the standard deduction and eliminating “most” ...
Rather than keeping track of the actual cost of operating a vehicle, employees and self-employed taxpayers can use a standard mileage rate to compute their deduction related to using a vehicle for business. ...
... income tax, Eliminating the personal exemption (but expanding child-related breaks), More than doubling the standard deduction, to $15,000 for singles and $30,000 for married couples filing jointly, ...