Making the Most of Itemized Deductions
Schedule A for 2018 returns looks different than it has in years. Under the TCJA, certain itemized deductions have been modified or repealed. Plus, the TCJA effectively doubles the standard deduction, so fewer taxpayers will be itemizing. Now, more than ever, your clients will need your help in navigating the rules. As such, this series is designed to provide guidance for maximizing the Schedule A deductions still available to clients.
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Feb 4th 2019
Was your personal property damaged in 2018 due to a catastrophic event? Was any of it stolen or vandalized last year? If so, you may not be...
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Beginning with 2018 returns, the new Tax Cuts and Jobs Act (TCJA) eliminates certain tax deductions, such as the write-offs for...
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In the past, taxpayers could deduct state and local tax (SALT) payments without any specific dollar limits. This often resulted in a tax...
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Schedule A for 2018 returns looks different than it has in past years. Under the Tax Cuts and Jobs Act (TCJA), certain itemized deductions...