Year-End Tax Planning Letter for 2016

November 17, 2016

It’s no secret that there are numerous tax planning opportunities to consider, and you can put many basic strategies into play before year-end that could significantly reduce your 2016 and 2017 tax liability.

Many tax extenders were made permanent in 2015, removing much of the tax planning uncertainty we faced in previous years. However, keep in mind that 2016 was an election year and a new president brings different ideas and potential changes to both business and individual tax laws. Regardless of what changes may come, current tax provisions are still in the code and must be followed.

Review this summary of specific strategies as they exist under current tax law and carefully consider how they may play into your personal and business decisions.

To learn more, download the full guide.

Tags: Tax