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Glossary Definition

What is the Standard Deduction?

The standard deduction is the amount of money taxpayers can deduct from their income before the taxes they owe are calculated. Taxpayers can choose either to take the standard deduction or itemize their deductions to get the greatest deduction amount possible.

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Corvee Blog

Read the latest tax planning thought leadership from Corvee.

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Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

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