Tax Deductions
News updates about tax deductions advisors should consider for their clients.
These Tax Cuts Are Sunsetting in 2026. Are Your Clients Ready?
By Roger WohlnerA number of potentially far-reaching tax changes are on the horizon.
October 20, 2023
IRS Proposes Electric Car Tax Credits for Down PaymentsThe regulations, if finalized, would allow EV buyers to put the tax credit directly toward their purchase.
October 11, 2023
'Snowbirding' in Retirement: 10 Tax and Planning Facts to KnowOwning multiple residences comes with both potentially large benefits and important tax nuances.
August 03, 2023
2023 RMD Rule Changes: 3 Common Client QuestionsChanges due to the Secure acts can result in confusion. Here's what advisors and clients should know.
July 10, 2023
To Hedge Against Estate Tax Exclusion Changes, Try DisclaimersA sales coach has an idea for helping clients facing the Year 2026 problem.
June 22, 2023
Debate: Is Increasing the Standard Deduction the Best Way to Fight Inflation?Our tax experts weigh in on whether legislators should focus on expanding the child tax credit instead.
June 21, 2023
Roth IRA Transfers and Divorce: Don't Forget the 5-Year RuleClients transferring Roth assets in a divorce settlement often overlook this critical issue.
June 20, 2023
7 Reasons Not to Make a Roth ContributionMaking Roth contributions can be a good retirement savings strategy, but not for every client or situation.