Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
The state-level sales-tax deductions are among tax provisions that expired early this year, which Congress will have to tackle soon, according to The Wall Street Journal. Internal Revenue Service Commissioner John Koskinen has warned of possible delayed refunds and tax-filing disruptions if Congress doesnt act this year. Tax relief for mortgage-debt forgiveness, rollover of IRA asset donations to charity and breaks on educator expenses and tuition and fees are also highlighted. -- The Wall Street Journal
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