Tax Deductions
News updates about tax deductions advisors should consider for their clients.
Wealthiest Americans Feel Relief as Tax Hikes Are Canceled for Now
By Ben StevermanManchin's vote against Biden's economic plan means rich Americans escape tax hikes, saving hundreds of billions of dollars over the next decade.
December 13, 2021
Top 5 Tax Tasks to Tackle With Clients Before Year-EndAdvisors are wise to prep their client for 2022 by also working with their CPA.
December 07, 2021
The Case for Fixed Indexed AnnuitiesAn advocate for the products talks about why he believes your clients need them.
November 17, 2021
7 Important Tax, Retirement Topics for Year-End PlanningA lot of potential changes are looming, and communicating with your clients about the future is perhaps more important than ever.
November 15, 2021
This Tax Break Can Save Ultra-Wealthy Clients MillionsThe qualified small-business stock capital gains exclusion can help founders and early-stage employees avoid taxes.
November 10, 2021
10 New Tax Numbers to Know for 2022The IRS just released inflation adjustments for more than 60 tax provisions, including estate and gift tax exemptions and standard deductions.
November 02, 2021
SALT Cap Suspension for 5 Years Emerges as Leading OptionA group in the House has vowed to block Biden's economic agenda until the $10,000 deduction limit is addressed, but Senator Bernie Sanders says such a plan is "unacceptable."
October 26, 2021
Backdoor Roth Closing? 4 Reasons Taxable Accounts Beat IRAs, 401(k)s: Morningstar's BenzHigh-income retirees may be tempted to boost after-tax IRA contributions, but Morningstar's personal finance expert says there's a better option.