Thanks to L.K. Benson for this issue of Tips from the Pros.
Over the past several months we have been closely following the tax reform bill and providing you with regular updates on the proposals and planning opportunities surrounding those proposals. Both the House and Senate passed the final version of the bill and received the President’s signature. The bill was signed into law and will be effective for the 2018 tax year. That leaves you with very little time to implement any tax planning strategies!
We have written a more detailed overview of the reform bill and some tax strategies you should consider before December 31 that you can find on our website here. Below is a brief summary of these planning ideas:
- If you have not yet fully paid your 2017 state income taxes, consider maki...
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