Once the ball drops on One Time Square on New Year’s Eve and 2017 is rung in there is very little that you can do to reduce your 2016 tax liability. But there is much that can be done during the last two months of the year.
This guide discusses in detail what you can do between October 1 and December 31 to make sure that you pay the absolute least possible amount of federal and state income tax for 2016.
I talk about –
- THE MOST IMPORTANT NUMBER ON YOUR TAX RETURN
- THE TRADITIONAL YEAR-END STRATEGY
- TIMING OF DEDUCTIONS
- CAPITAL GAINS AND LOSSES
- MUTUAL FUNDS
- COLLEGE COSTS
- PEP, PEASE, NIIT, AND THE MEDICARE SURCHARGE
- EXPIRING TAX BENEFITS
- and the dreaded ALTERNATIVE MINIMUM TAX
I also provide compilations of the Inflation and Cost-of-Living Adjustments for credits, deductions, exclusions, and phase-outs for 2016 and 2017, and include helpful worksheets.
This report will be sent to you as a “pdf” email attachment for only $3.00! I can also send you a print copy via postal mail for $4.00.
Send your check or money order for $3.00, or $4.00, payable to TAXES AND ACCOUNTING, INC, and your email, or postal, address to –
YEAR-END TAX PLANNING GUIDE
TAXES AND ACCOUNTING, INC
POST OFFICE BOX A
HAWLEY PA 18428