Tax Deductions
News updates about tax deductions advisors should consider for their clients.
This Type of SALT Cap Workaround Is Not OK, Appeals Court Confirms
By Robert Bloink and William H. ByrnesCourts have upheld the IRS' position prohibiting charitable contribution-for-credit programs designed to offset cap effects.
November 26, 2025
These Subtle Tax Planning Moves Can Improve Client OutcomesAdvisors who integrate these considerations into client reviews can minimize tax exposure and strengthen wealth transfer strategies.
November 11, 2025
How to Prioritize Charitable Planning With ClientsMost clients’ net worth has increased significantly, and they are in an ideal position to support favorite causes.
September 29, 2025
Foundation Source Adds Multi-Custodial Capabilities to DAF PlatformThe enhancement is enabled through the firm's new custodial data access partnership with BridgeFT.
September 19, 2025
Debate: Should Limits Be Placed on a SALT Cap Workaround?After the 2017 tax overhaul, many states created pass-through entity tax (PTET) to bypass the $10,000 cap.
September 10, 2025
15 States Where Taxpayers Get Biggest Cuts Under New Law: Tax FoundationThe average cut per person will be much smaller in 2030 after temporary tax breaks expire, the group finds.
September 04, 2025
Time Running Out to Secure Green Energy Tax BreaksThe recent tax and spending megabill significantly accelerates the repeal of the Biden-era clean energy credits.
August 24, 2025
Debate: Should Itemized Deductions Be Capped for the Wealthy?Starting in 2026 deductions will be reduced for those in the 37% tax bracket.