Tax Deductions
News updates about tax deductions advisors should consider for their clients.
How Tax Cut Will Affect US Housing Market: Zillow
By Michael S. FischerTaxpayers are expected to pump $13 billion in tax savings into the housing market this year, Zillow reports.
April 13, 2018
4 Key Tax Categories for Early Planning for 2018 Filing SeasonAdvise clients to start the conversation with their tax professional not too long after they've filed their 2017 taxes.
April 12, 2018
Tax Overhaul's Impact on Homeowners Varies Widely: New York FedThe impact on homeowners in high-tax states depends on incomes, property taxes, home values and mortgage terms.
April 03, 2018
6 Pet-Related Tax DeductionsPets can save their owners money on taxes, but watch out — some rules changed under the new tax law.
March 21, 2018
4 Tax Planning Opportunities Under New Itemized Deduction Rules: FriedmanThe doubling of the standard deduction creates a new tax planning paradigm, former tax attorney Andy Friedman says.
February 28, 2018
Tax Cut Calculator Unveiled by Treasury to Verify WithholdingThe calculator, available at irs.gov, can help workers check if too much or too little is being withheld from their pay.
February 16, 2018
NY Governor Proposes Tax Changes to Offset Federal SALT Deduction CapThe new federal limits on state and local tax deductions could cost residents billions a year.
February 13, 2018
7 Questions About Itemized Deductions Under New Tax ActThe 2017 Tax Act made substantial changes to the availability of itemized deductions.