Now that the summer has unofficially ended, it's time to
focus on the start of school, cooler days and taxes.
This Alert will preview select year-end tax planning
opportunities to stimulate your thinking while providing enough
time to effectively execute the most appropriate tax planning
strategies for your personal or business situation.
It has now been almost two years (21 months to be exact) since
President Trump signed into law the Tax Cuts and Jobs Act
(TCJA)—the largest major tax reform in over three decades.
The IRS continues to release guidance and update tax forms to
incorporate new aspects of the law. With the first TCJA tax season
behind us and the second tax year coming to an end in less than
four months, we'll discuss and preview select tax planning
opportunities and easy-to-deploy moves to cool off your personal
and business tax bill for 2019.