Year-end 2017 presents a unique set of challenges for taxpayers. At the top of the list are the uncertainties created by the possibilities within proposed tax reform legislation – what changes might be made, and whether those changes would be retroactive for 2017.
Highlights of the 2017 Year End Tax Planning include:
- Tax Reform – Different Paths
- Rate Cuts – 2017 or 2018?
- Standard v. Itemized Deductions
- Depreciation Strategies
- Life-Cycle Considerations
- Timing Strategies