Tax Deductions
News updates about tax deductions advisors should consider for their clients.
Who Wins, Who Loses in House Tax Cut Bill: Report
By Bernice NapachAnalysis from the Tax Policy Center shows that the top 1% of income earners are the biggest winners but most Americans will pay less.
October 25, 2017
10 Least Tax-Friendly States in US: 2017Since each state has its own rules on what gets taxed, at which rate and when, there's a lot of variation across the country.
October 24, 2017
The Right Time to Rebalance — and Give to CharityDonating to charity can absorb the tax blow from rebalancing a taxable account, and now is a great time to do it.
October 18, 2017
10 Most Tax-Friendly States: 2017From property taxes to estate and "sin" taxes, there are plenty of ways states can charge you. Kiplinger ranked the states with the best deals.
September 29, 2017
GOP Framework Would Raise Taxes for Many of Your ClientsAnalyses from the conservative-leaning Tax Foundation and liberal-leaning Tax Policy Center agree that those in the 90th-95th percentiles for income would pay more.
September 28, 2017
What GOP Tax Outline Means for Advisors and ClientsThe broad outline excludes details, but still there are items that advisors should start thinking about.
September 05, 2017
Trump Promotes Tax Overhaul as Vital in Meeting With GOP LeadersThe Big Six team includes Cohn, Mnuchin, Ryan, McConnell and the heads of the tax-writing committees.
May 26, 2017
‘Mnuchin Rule’ Against Wealthy Tax Cuts Comes Back to Bite HimOne flashpoint is the effort to repeal the 3.8% Affordable Care Act net investment tax.