Tax Deductions
News updates about tax deductions advisors should consider for their clients.
Obama, House Republicans Jockey on Charity Tax Breaks
By Michael S. FischerThe GOP wants to make three temporary tax breaks for donations permanent; Obama wants to cap the charitable tax deduction for high earners.
December 11, 2014
Coburn Calls for ‘Fairer, Flatter’ Tax CodeBest solution would be to throw it out and start again, but in the meantime, he calls for end to preferences on municipal bonds, carried interest, cash-value life insurance and credit unions.
December 04, 2014
5 Obscure Tax Breaks Congress Just ApprovedJust in time for the holidays, the House pulled together Wednesday night to revive dozens of tax breaks. Here are some of the most noteworthy.
October 03, 2014
10 least tax-friendly states for retireesIf your clients are looking for ways to cut expenses in retirement, stay away from these 10 states, where taxes are especially unkind to retirees.
July 08, 2014
Rising capital gains taxes: What’s an investor to do?In filing 2013 taxes, many Americans saw a sizeable bump compared to previous years, with the biggest hike on investment income.
July 08, 2014
Rising capital gains taxes: What’s an investor to do?In filing 2013 taxes, many Americans saw a sizeable bump compared to previous years, with the biggest hike on investment income.
March 31, 2014
Canadians express confidence on tax knowledgeBut Canadians are less confident of their understanding how investments are taxed.
March 28, 2014
Americans not tax-smart about investment solutionsMost Americans are confident they take advantage of all tax deductions, but many admit they are not tax-smart when investing.