IT'S YOUR MOVE
With all of the federal tax law changes enacted over the past year or so, it’s hard to keep up with which provisions are in and which are out. One thing is sure though: Year-end tax planning is more important than ever in 2009.
To assist you with your planning, this guide provides helpful explanations of the current tax rules along with ideas for lowering your 2009 personal and business income taxes. Most of the strategies will be effective only if they are implemented before the end of the year. So make your move now.
Before you act on any of the ideas discussed in Year-End Tax Planning 2009, however, we urge you to secure professional tax advice. Reviewing your specific tax situation with an expert can help you determine whether a particular planning strategy is right for you.
This publication is an advertisement prepared by NPI for the use of the publication’s provider. The general information in the publication is not intended to be nor should it be treated as tax, legal, or accounting advice. Additional issues could exist that would affect the tax treatment of a specific transaction and, therefore, taxpayers should seek advice from an independent tax advisor based on their particular circumstances before acting on any information presented. This information is not intended to be nor can it be used by any taxpayer for the purpose of avoiding tax penalties.