Logan Holman

Reflections on growth, overwhelm, and how financial advisors can help clients stay grounded this tax season

Every fall, you hear the same (still very relevant) reminders for year-end tax planning: check withholding, plan charitable contributions, get documents in order. These timeless to-dos still matter. But this year brings a new layer: the One Big Beautiful Bill Act (OBBBA). It opens the door to fresh planning opportunities and gives advisors even more ways to be invaluable to a client’s tax season.

The IRS has introduced four new deductions for tax years 2025–2028, all reported on Schedule 1-A. They lower taxable income but not AGI - a key distinction every advisor should understand.