Tax Deductions
News updates about tax deductions advisors should consider for their clients.
New Year’s tax changes: what to expect
By Tom NawrockiMany of the changes are indexed to inflation, and with the CPI running at a tepid 1.0 percent, the increases are modest.
November 08, 2013
Higher tax rates give top U.S. earners year-end headachesThe higher tax rates passed by Congress this year have some top U.S. earners seeking last-minute strategies to lower their tax bite as year-end calculations turn up unpleasant surprises.
November 08, 2013
Higher tax rates give top U.S. earners year-end headachesThe higher tax rates passed by Congress this year have some top U.S. earners seeking last-minute strategies to lower their tax bite as year-end calculations turn up unpleasant surprises.
March 14, 2013
7 Key Tax Protests That Shook AmericaResisters have tried violence and politics, but the taxes keep rolling on.
March 12, 2013
GOP budget targets PPACA, MedicaidAt issue is the arcane and partisan congressional budget process, one that is unlikely to illustrate a path forward.
March 12, 2013
GOP budget targets PPACA, MedicaidAt issue is the arcane and partisan congressional budget process, one that is unlikely to illustrate a path forward.
March 12, 2013
Mixed News on Changes to Long-Term Care Tax DeductionsThe IRS has increased the amount of LTC insurance premiums that are deductible for 2013. But the news comes with a caveat.
March 11, 2013
More U.S. Taxpayers Filed Returns in 2011 as Pay RoseSalaries and wages increased by 4.1% over 2010, according to the latest IRS statistics bulletin.