Tax Deductions
News updates about tax deductions advisors should consider for their clients.
JPMorgan’s Kelly: Trump’s Tax Plan Faces Roadblocks
By Emily ZulzThe chief global strategist also says the U.S. has a "bumper-lane economy."
April 27, 2017
Advisors on Trump’s Tax Plan: Praise, Concern and ShrugsNone of the capital gains savings or corporate tax cuts directly affect IRAs, 401(k)s or Roth IRAs.
April 24, 2017
How Trump's Tax Proposal Could Affect the Muni Bond MarketCuts in marginal personal and corporate income tax rates and the elimination of the state and local tax deduction from federal taxes could affect munis.
April 03, 2017
Senators Float Bill to End Tax Write-Offs for Corporate FinesGovernment Settlement Transparency & Reform Act would close a loophole allowing corporations to reap tax benefits from payments made to resolve allegations of illegal conduct.
March 14, 2017
15 Most Overlooked Tax Deductions: 2017Cut your tax bill to the bone by claiming all the tax write-offs you deserve, Kiplinger says.
March 10, 2017
Tax Deductions for Bad Debt and Worthless SecuritiesTax Facts online experts answer: When can a taxpayer deduct losses sustained as a result of a bad debt?
March 03, 2017
3 Key Tax Rules Governing Typical Business DeductionsTax Facts online experts explain what a business expense deduction is specifically and how to use it to your advantage.
January 05, 2017
4 Tax-Planning Tips for a Fiscally Healthy 2017While financial planning is always important, looking ahead to the 2017 tax year may prove more valuable than ever given the political upheaval.