Tax Deductions
News updates about tax deductions advisors should consider for their clients.
These Subtle Tax Planning Moves Can Improve Client Outcomes
By Tyler De HaanAdvisors who integrate these considerations into client reviews can minimize tax exposure and strengthen wealth transfer strategies.
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.
August 21, 2025
Debate: Should 401(k) Tax Breaks Be Curtailed?Current benefits related to DC plans will cost the government $1.4 trillion in revenue over 10 years.
August 07, 2025
IRS Won’t Lower Withholding This Year to Reflect Trump Tax CutsThe move will enlarge refunds paid out to taxpayers early next year, ahead of the midterm elections.
August 04, 2025
Under Trump's New Tax Law, Here's What to Know About SALT Cap WorkaroundThe workaround, available in most states, is still highly relevant for high-income taxpayers.