Director / Editor: Victor Teboul, Ph.D.

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Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

What’s the ‘standard deduction’? An accounting expert explains how it simplifies tax filing and saves most Americans money

By Ryan Polk, Assistant Professor of Accountancy, Clemson University

In 2025, Congress will need to decide whether to extend the higher standard deduction, which has been in place since 2018.

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