Tax Deductions
News updates about tax deductions advisors should consider for their clients.
These Are the Tricks States May Use to Cushion the Loss of SALT Deduction
By Patrick ClarkExploiting tax loopholes is a sport associated with rich people and their fancy accountants. State governments may have to start getting fancy, too.
December 07, 2017
4 Year-End Tax Tips as Overhaul LoomsProvisions in the Senate and House tax bills could increase your clients' taxes next year, so consider these moves before 2017 ends.
December 06, 2017
Little-Known Tax Proposal Targets Your Clients’ Trading AccountsBrokers are going crazy with this change, urging their clients to sell, sell, sell, a tax advisor says.
November 28, 2017
Tax Cut Bill Could Wallop Muni Bond MarketThe House and Senate tax cut bills would adversely impact the economies, bond issues and home prices in high-tax states.
November 28, 2017
8 Senators Who Can Make or Break Trump's Tax Cut This WeekSome of the friction is coming from people like Bob Corker, James Lankford and Jerry Moran.
November 21, 2017
Tax Loopholes for Wall Street’s Wealthiest Linger in BillFor advisors, the Senate bill estate tax provision could create interesting opportunities.
November 20, 2017
Mulvaney Says It Would Be OK to Drop Mandate Repeal in Tax PlanFor the Trump administration, ACA mandate repeal may be more than a bargaining chip but less than a must-have.
November 14, 2017
House, Senate Tax Bills Will Not Help Economy: Moody’sAny fiscal stimulus would be canceled out, the ratings agency says.