Robert W. Baird & Co. inc. has published year-end tax and financial planning ideas to explain upcoming changes to laws and how they will impact taxpayers.
“The old standbys of defer income/accelerate deductions still hold true in most cases, but no strategy always applies to all taxpayers,” the tip sheet says. “In fact, multi-year tax planning is as important as ever as taxpayers need to make sure they aren’t tripped up by one of the several new breakpoints in the tax code.”
Capital gains and losses planning, income taxes, retirement planning and other financial planning considerations are included in the tip sheet, which can be found here.
