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Accounting for Non-Accountants

Picture of Christin Biermeier

Christin Biermeier

Are you confused about the 2019 tax brackets, itemized deduction vs. standard deduction, and what you need to be bringing to get your taxes done? Watch as Emily and Abby explain in non-accountant terms what you need to know as you prepare to file your taxes this year!

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Close-up of a person organizing stacks of coins while using a calculator, symbolizing financial planning, interest expense allocation, and tax-related decision-making.

Deductibility of Interest

Not all interest that an individual pays is deductible. The rules for deducting interest vary, depending on whether the loan proceeds are used for personal, investment, or business activities.  

11/26/2024