Schedule A: A Much Different Animal and Possibly an Endangered Species  

The Tax Cuts and Jobs Act took a hatchet to Schedule A as we knew it before 2018. Several items have been limited or suspended through the 2025 taxable year. That combined with the significant increase in the standard deduction for 2018 through 2025 has resulted in fewer taxpayers itemizing deductions. But that makes it even more important to plan on maximizing deductions for those clients who will still itemize. It’s also time to start planning for expiration of many TCJA provisions at the end of 2025. 

In this 2-hour webinar we will talk about the limitations for mortgage interest, taxes, charitable contributions, employee business expenses, etc. But we will also talk about ways to benefit by timing deductions on Schedule A or by rearranging transactions, so the benefit is obtained elsewhere on the tax return. 

Who should attend: Tax return professionals who need to stay up to date with the changes in tax laws to provide accurate and efficient services to their clients specifically with Schedule A. 

THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.

Instructor: Mike Giangrande, J.D., LL.M.
Instructor assignments are fluid and subject to change.