Tax Credits

2019 Tax Changes: What You Need to Know

2019 Tax Changes: What You Need to Know

Historically, approximately 70% of St. Louisans individual tax returns used the standard deduction, while the other 30% found it more beneficial to itemize. For 2018 and beyond, experts have projected that roughly 95% of individual tax returns now will utilize the standard deduction. What does this mean for St. Louis County, Missouri taxpayers? Are you…

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Businesses Get New Tax Credit

  Business Get New Tax Credit for Employees Family or Medical Leave For businesses who provide paid family or medical leave to employees, a new credit is available under the new Tax and Jobs Act. The new credit is generally equal to 12.5% of the amount of wages paid during the time of leave but…

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