Tax Deductions
News updates about tax deductions advisors should consider for their clients.
To Minimize Clients’ Tax Exposure, Focus on These 10 Key Areas
By Commonwealth Financial NetworkTax planning shouldnt take place only during tax season. Here are 10 areas to focus on to help minimize clients tax exposure all year.
March 21, 2016
15 Most Overlooked Tax DeductionsKiplinger has rounded up several strategies you may have missed that could lessen your clients final tax bills.
March 14, 2016
8 Odd Tax Deductions That Actually WorkedTax Court sometimes rewards brave souls who dare to ask for a break even a strange one.
March 14, 2016
Who Pays the Dreaded AMT?The Tax Foundation analyzed who gets hit by the Alternative Minimum Tax, which all the presidential candidates except Clinton want to abolish.
March 14, 2016
Reducing the Impact of Obamacare’s Net Investment Income TaxThe pain of the NIIT, designed to partially fund the Affordable Care Act, can be softened by smart planning.
March 11, 2016
4 Key Tax Questions About Casualty and Theft Loss DeductionsAs part of ThinkAdvisors Special Report on tax planning, weve partnered with ALM sister service, Tax Facts Online, to take a deeper dive into tax issues in a convenient Q&A format.
March 02, 2016
A Fair Way to Tax Dynastic WealthBoth Hillary Clinton and Bernie Sanders are overlooking a fairer and more productive way to tax inheritances.
February 29, 2016
Maximizing Clients’ Income Tax Savings: Deducting Your FeeFollow this process to decide from which account your fee should be deducted.