The bank statement is the summary that is generated when you make money movements such as bank transfers or debit and credit card payments; which helps the professional accountant to know all the expenses and money inflows made by the account holder in a given period of time, either months or a year.

Here is a checklist and verification list that could help you when filing your returns with the IRS for the 2022-2023 season. Remember that, additionally, you must have your spouse’s information if you are filing jointly:

Deductions are probably the topic of greatest interest for all citizens and residents, we know that they will allow us to reduce certain expenses and income of the final return, it is synonymous with fiscal benefit. You should be aware that you can choose between the standard return or itemize deductions (the one that represents the highest amount).