To help you make the most of the tax-saving opportunities available to you, we’re pleased to introduce our Tax Planning Guide. It offers a wide variety of strategies for minimizing your taxes.
The guide covers:
- Tax Planning Basics
- Investing
- Real Estate
- Business & Executive Comp
- Family & Education
- Charitable Giving
- Retirement
- Estate Planning
To keep your taxes to a minimum, you first need to be aware of all of the tax breaks for which you’re eligible. Then you have to implement strategies that allow you to take maximum advantage of those breaks and other tax savings opportunities while staying in compliance with tax law.
You also can’t forget about the massive Tax Cuts and Jobs Act (TCJA)that generally went into effect six years ago but still significantly impacts tax planning. Many of its provisions are scheduled to expire after 2025,and it’s uncertain whether they’ll be extended. There may be actions you can take this year to help lock in tax savings.
The more you know about potential tax law changes and possible tax-reduction strategies, the easier it will be to determine which tax strategies will make sense for you this year, such as the best way to time income and expenses. We invite you to look through our guide and see which strategies might benefit you. Then contact your Rudler, PSC advisor at 859-331-1717 to learn more about the most effective tax-saving strategies for your situation.
RUDLER, PSC CPAs and Business Advisors
This e-Tip is presented by Rudler, PSC.
If you would like to discuss your particular situation, contact your Rudler, PSC advisor at 859-331-1717.
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