The tax overhaul plan proposed by President Trump and now being considered in Congress would end the deduction on federal income tax forms for state and local property taxes. (wshu.org)
Form 1040 is the standard federal income tax form used to report an individual's income. (irs.com)
The averge cost for a professional to prepare an itemized Form 1040 (the standard federal income tax form) with Schedule A and a state tax return is about $ 273, according to the National Society of Accountants. (cnbc.com)