The taxpayer will get the higher of their standard deduction or their itemized deduction. This is calculated on Schedule A of the tax return and includes real estate taxes, charitable gifts, investment interest expenses, unreimbursed business expenses, and more.
CFP® certification is a voluntary certification granted in the United States by Certified Financial Planner Board of Standards, Inc. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Individuals who become certified are required to complete continuing education.