This five part mini series by Gelman, Rosenberg & Freedman CPAs Tax Manager Stephen Boisvert, CPA, MST, CExP will help taxpayers understand the impact of the Tax Cuts and Jobs Act (TCJA). These videos will cover the changes to Schedule A including, medical, state and local tax (SALT), mortgage interest and charitable deductions.
Part 1 | Medical Deductions
What qualifies as a medical deduction? Learn how the rules on Schedule A have changed from previous years and what to expect moving forward with this short video.
Part 2 | State and Local Tax Deductions
The reduced state and local tax (SALT) deductions have been receiving a lot of media coverage since the passage of TCJA. Find out how the reduced SALT deductions could affect you with the four case studies presented during the video.
Part 3 | Mortgage Interest Deductions
What will the new tax law do to your mortgage interest deduction? You will go step-by-step through the changes to Schedule A with this short video.
Part 4 | Charitable Deductions
Do you know how the changes to the Tax Cuts and Jobs Act (TCJA) will affect your charitable contributions through 2025? During this video, Tax Manager Stephen Boisvert will explain how charitable deductions have changed under the new tax law and offer real-world examples to illustrate the impact to individuals.
Part 5 | Miscellaneous Deductions
Tax Manager Stephen Boisvert concludes this series by discussing the remaining changes to Schedule A. This section is a “catch-all” for deductions not covered in previous segments, including casualty losses, miscellaneous deductions and repeal of the 3% adjusted gross income phase-out.
For specific questions, use the Contact Us link below to get in touch with a subject matter expert.