Last year was the headline year. The One Big Beautiful Bill Act passed, and everyone (us included) spent months talking about it. OBBBA brought changes to our tax work with clients; namely, more clients are itemizing. The SALT cap jumped from $10,000 to $40,000, so mortgage interest, state and local taxes, and charitable giving now add up to more than the standard deduction for a lot of households that used to skip past itemizing entirely. That means the paperwork matters mor
I used to think questions from the CPA meant that my advice was being challenged. Now I know they’re often an effort to honor the planning that’s already been done by making sure it gets reported the right way.
