Tax Deductions
News updates about tax deductions advisors should consider for their clients.
Maximizing Clients’ Income Tax Savings: Deducting Your Fee
By Mike PattonFollow this process to decide from which account your fee should be deducted.
January 27, 2016
Clinton, Sanders would bypass Congress to tax the rich — a bitRomney's IRA strategy is a popular target.
January 21, 2016
Tax law changes affecting your clientsAgain for this year, we had some tax laws extended by Congress through 2016 or 2019, but some were actually made permanent.
January 21, 2016
Tax law changes affecting your clientsAgain for this year, we had some tax laws extended by Congress through 2016 or 2019, but some were actually made permanent.
December 18, 2015
House Passes U.S. Spending Bill to End Crude Oil Export BanThe plan also revives dozens of expired tax breaks while making some permanent.
December 17, 2015
House adopts $622 billion plan to revive expired tax breaksThe tax proposal is the first of a two-part deal reached by congressional Republican and Democratic leaders this week.
December 10, 2015
5 Tax-Savings Steps to Take Before Year-EndTime is running out for these tax savings, so remind clients to take action when appropriate but before Dec. 31.
October 22, 2015
IRS Announces 2016 Tax Rates, Exemptions; Boosts LTC DeductionsLow inflation leads to slight increases for top income tax rate and estate tax exclusion, but higher deductions for eligible long-term care premiums.