1601 S. Washington St.
Kaufman, TX 75142
​​Office     469-632-1881 
Mobile    214-763-3721
Mon-Wed 10am-11:30am
1:30pm-5pm or Anytime by Appointment

TAX LAW CHANGES 2017



Important Dates:


  • Begin filing your tax returns electronically January 29, 2018
  • Your federal tax return due date is April 17, 2018
  • Your available extended due date is October 15, 2018



2017 INFLATION ADJUSTMENTS

Personal Exemption:
$4,050
Standard Deduction:$6,350    (Single)

$9,350    (Head of Household)

$12,700  (Married filing jointly)

$6,350    (Married filing separately)
Estate Exclusion:$5,490,000
Gift Exclusion:
$14,000 (per donee)
Standard Mileage Rates:$0.53.5   (Business use)

$0.17   (Medical use)

$0.14   (Charitable use)



​​​​WOOD TAX AND BUSINESS SERVICE
      TAXES, BOOKKEEPING AND PAYROLL SERVICES SERVING KAUFMAN AND     TERRELL TEXAS