Planning for year-end 2017 presents a unique set of challenges for taxpayers due to the proposed tax reform legislation. With uncertainty regarding the bill’s changes and final passage, the best an individual or business can do is to go with what we know for 2017, and be prepared to act quickly should passage occur before year-end. And as always, if circumstances in your life or the life of your business have occurred, make sure you’ve considered the impact of those changes on your tax situation.
Attached you’ll find the Wolters Kluwer November, 2017 Special Report for year-end planning. While changes have been made to the proposed tax reform since this was published, many of the planning tips will still apply. Please contact us at BSB if you have any questions or concerns about your situation.
Download Our 2017 Year End Tax Planning Here