A bill becomes law if signed by the President or if not signed within 10 days and Congress is in session. If Congress adjourns before the 10 days and the President has not signed the bill then it does not become law (Pocket Veto.)
Losses incurred from casualties and thefts during the administration of the estate can be deducted only if they have not been claimed on the federal estate tax return (Form 706). The personal representative must file a statement with the estate's income tax return waiving the deduction for estate tax purposes.
IRAs and Deductions. A conventional IRA is a pre-tax savings account. The IRS allows you to deduct contributions, up to an annual contribution limit ($5,500 in 2013). Management and advisory fees normally come out of the account assets.But since the assets in the IRA were already deducted from your taxable income, you can't deduct that portion that's spent on advisory fees once again.temizing Investment Expenses. With a conventional brokerage account, you may deduct advisory fees. In order to do this, you would list the fee on line 23 of Schedule A under miscellaneous deductions, and combine it with unreimbursed employees expenses, legal fees, tax preparation fees and other various costs.