Prepare yourself with year-end tax planning strategies to save on taxes in the 2018 tax season.
This year, taxpayers are facing great uncertainty due to the undefined status of proposed tax reform legislation. Although many of these variables will continue to be unresolved until late December, there are a number of valuable tax-saving strategies that can be executed now to save on taxes due April 16, 2018.
GSG has released the 2017 Year-End/Year-Round Tax Planning Guide to better equip you with the necessary information you need to prepare your year-end tax planning. The following guide provides as much information as possible on potential changes to federal income tax rates and deductions.
Unfortunately, there are still a number of critical details and dates that have yet to be confirmed in the Trump administration’s “unified framework” for tax reform. However, in the face of uncertainty, flexibility is paramount. You should continuously review your tax situation to ensure you are prepared for a number of possible outcomes.
Our tax professionals are committed to helping you maximize your income through valuable tax-saving strategies—especially with the likelihood of significant changes in the near future.
If you have any questions, contact our tax professionals today so we can help provide the most valuable tax planning strategy that’s best for your future.