Kiplinger

Year-End Tax Planning Comes with a Twist in 2021

If there’s one thing that’s important to know about year-end planning, it’s to be proactive right now. With legislative changes hovering dangerously close, and with no one really knowing what the final budget bill will look like, planning early is essential. Even if nothing changes, which is unlikely, you will still have a solid plan in place and will also be prepared for what may transpire over the next few months.

This is year-end planning with a twist: Do what you would normally do, but if you believe tax laws will change, then be ready to do something different.

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