Itemized Deduction vs. Standard Deduction, Explained.

"Itemized Deduction vs. Standard Deduction... What is that?!?"

Hey Taxpayers, Tiffany Gonzalez is back with another great installment of "What is that?!?" Where we bring you financial terms and topics and make them easy for you to understand.

Today we are talking about Tax Deductions, the Itemized Deduction and the Standard Deduction. We will bring you what a deduction is, how it works, and the differences between these two options. The wrong choice could lead to higher taxes!

So tune in and let's get your financial IQ. up!

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Disclaimers & Disclosure:
This content is for education and entertainment purposes only. Tiffany Gonzalez CPA and Accounting to Scale are not providing Tax or Investment advice. The information is being presented without consideration of the financial circumstances of the taxpayer/investor, financial objectives or risk tolerance and may not be suitable for all taxpayers/investors. We don't make any guarantees or promises as to results that may be obtained using our content. All investing involves risk, including risk of losing investment principal.

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