Year End Planning

2017 is coming to a close with sweeping new tax legislation on the horizon. While the changes don’t take effect until 2018 (with one minor exception), I want to alert you to some steps you might take before year-end to preserve the best possible tax results. As you explore these ideas, mostly you will find…

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Washington

Tax Legislation Update

By now most of you know that pending tax reform legislation is underway.  On November 16 the House of Representatives’ passed its version – HR 1: The Tax Cuts and Jobs Act.  Also on November 16, the Senate Finance Committee approved its amendments.  Next week we should see the full Senate’s vote.  As we promised…

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Make Year End Tax Planning a Priority

Make Year-End Tax Planning a Priority

Tax planning is the process of looking at various tax strategy options to determine when, whether, and how to conduct business and personal transactions to reduce or eliminate tax liability.  But why is tax planning so important?  You might be thinking that with potential major changes to the tax code, it’s hard to know what…

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