Tax Deductions
News updates about tax deductions advisors should consider for their clients.
IRS Won’t Lower Withholding This Year to Reflect Trump Tax Cuts
By Caitlin ReillyThe move will enlarge refunds paid out to taxpayers early next year, ahead of the midterm elections.
July 10, 2025
Debate: Is Permanent 100% Bonus Depreciation in Trump Tax Law a Good Thing?The increase in year one applies to qualified property acquired and placed into service on or after Jan. 19.
July 09, 2025
How Trump’s Tax and Spending Bill Affects Clients, Small BusinessesIt's critical for advisors to understand the extended, enhanced and entirely new provisions in the legislation.
June 30, 2025
Tax Bill Headed for 'Big Beautiful Pothole' in House: ValliereThe Senate legislation passed a procedural vote but lacks House support, says the AGF Investments policy strategist.
June 26, 2025
Debate: Should the Tax Bill Increase the Business Income Deduction?The Senate version of the bill would increase the QBI deduction to 23% and make other changes.
June 20, 2025
Debate: Should Key Tax Bill Provisions Be Temporary?Several components of the working drafts in Congress are scheduled to leave the tax code after 2028.
June 18, 2025
Top 12 Metro Areas for Finding Self-Employed ClientsIn these markets, plenty of high-income business owners are already making heavy use of financial services.
June 18, 2025
Trump Urges SALT Deal as Lawler Stands Firm on $40,000 Cap“We’re not going to fold here,” the New York congressman says.