Tax deductions

Many RIAs can qualify for this lucrative benefit. Here’s what you need to know this tax filing season.

Notice 2021-25 offers details on a provision of the COVID-19 relief package from last December that allows a temporarily larger deduction.

A ‘wave’ of claims for the Domestic Production Activities Deduction sparks an alert.

The Tax Court added its voice to the dilemma facing many taxpayers working remotely due to the pandemic.

Unexpected windfalls and limitations may accrue to WFH clients — and their financial planners.

Some business owners can get hurt by workarounds to the $10,000 limit for state and local tax deductions.

Experts have identified a dozen credits, deductions and more as worth particular attention this year.

While qualified contributions won’t necessarily give clients the biggest tax bang for their buck, there are exceptions to the rule, Jeffrey Levine writes.

A critical PPP deduction, tax extenders, business meal deductions and more are among the critical points.

Here are some obvious and not-so-obvious year-end tax tips to consider as we prepare ourselves and our clients for the new year.