Business, 15.04.2020 01:40 schoolgirl61

Danielle, one of your tax clients, has reached out regarding her itemized deductions. She pays on average $4,000 in property taxes on her personal residence per year and contributes $5,000 to her favorite Sec. 501(c)(3) charitable organizations per year. Danielle realized that with the new increased standard deduction amount she will not be able to itemize on her 2019 return. She is frustrated that she will not be receiving any tax benefit from her expenditures. What advice would you give Danielle moving forward? How can she receive a tax benefit from her expenditures?

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Danielle, one of your tax clients, has reached out regarding her itemized deductions. She pays on av...

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