Tax Deductions
News updates about tax deductions advisors should consider for their clients.
Mixed News on Changes to Long-Term Care Tax Deductions
By Marlene Y. SatterThe IRS has increased the amount of LTC insurance premiums that are deductible for 2013. But the news comes with a caveat.
February 01, 2013
7 mistakes to avoid on your 2012 tax returnConsider several frequently missed deductions, including excess Roth contributions and dividend reinvestments, to get the most of your tax return.
February 01, 2013
7 mistakes to avoid on your 2012 tax returnConsider several frequently missed deductions, including excess Roth contributions and dividend reinvestments, to get the most of your tax return.
January 23, 2013
What Investors Need to Know About MLPsWhat is an MLP? A master limited partnership is more accurately called a publicly traded partnership; it is a limited partnership or LLC taxed as a partnership.
January 21, 2013
A Time-Limited Benefit of Fiscal Cliff Act: Tax-Free IRA Charitable RolloversWhile the fiscal cliff law marked the beginning of a new era of higher taxes for many taxpayers, it also revived a way to reduce taxable income: tax-free treatment of charitable contributions from IRA accounts.
January 08, 2013
What the fiscal cliff compromise means for your clients' taxesFrom estate to income tax bills, a look at how the last-minute solution will impact your clients.
January 08, 2013
What the fiscal cliff compromise means for your clients' taxesFrom estate to income tax bills, a look at how the last-minute solution will impact your clients.
January 04, 2013
Fiscal Cliff Law: Clients’ Taxes, What’s Next, and How to PlanAll you need to know about the American Taxpayer Relief Actboth good and badand how it will affect your clients and their planning.