Tax Deductions
News updates about tax deductions advisors should consider for their clients.
Trump SALT Change Isn't Causing People to Flee New York: Moody's
By Laura Davison and Henry GoldmanDemocrats had warned that capping the state and local tax deduction could lead to a mass exodus of wealthy taxpayers.
February 27, 2019
U.S. Tax Refunds Plunge 17% as Treasury Ratchets Up Defense"The size of someone's tax refund says nothing about whether their taxes have gone up or down," Treasury says.
February 26, 2019
3 Tax Surprises to Watch Out for in 2019These differences from previous years are not just because of the 2017 tax law.
December 19, 2018
6 Tax Planning Tips to Explore Before Year-EndYour clients need to understand that the TCJA may make their taxes look a lot different.
December 13, 2018
10 Year-End Tips to Cut Clients' Tax BillsAdvisors should share these new and tried-and-true tactics with clients, who may find they work to their advantage.
December 04, 2018
Tax Policy in the New Congress: What to ExpectA panel of Republican and Democratic tax policy experts discuss their outlooks.
November 18, 2018
Year-End Tax Checkup: Maximizing Post-Reform Medical DeductionsThis year only, the tax code provision for medical expense deductions can be particularly valuable for some clients.
November 15, 2018
10 New 2019 Tax Numbers to KnowThe IRS has issued tax year 2019 inflation adjustments for more than 60 tax provisions.