Tax Deductions
News updates about tax deductions advisors should consider for their clients.
How Your Small-Business Clients Can Maximize the QBI Deduction in 2021
By Robert Bloink | William H. ByrnesBusiness-owning clients still have time to reduce taxable income while securing their own retirement.
December 17, 2021
IRS Issues Standard Mileage Rates for 2022These rates are used to calculate deductible costs of operating a vehicle.
December 14, 2021
Debate: Should Congress Raise the SALT Cap?Professors Robert Bloink and William H. Byrnes discuss whether the House or Senate tax cap proposal would serve Americans better.
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.