Year-end Planning Guide

IT'S YOUR MOVE

The last several years have been marked by legislation making numerous changes in the federal tax law. This changing landscape makes it all the more important to review your personal and business tax situations. Taking a fresh look at your tax picture can suggest new tax-saving opportunities and remind you of traditional planning strategies that may help trim your federal income taxes considerably.

In Year-End Tax Planning 2008, you will find helpful explanations of the current rules along with planning ideas for lowering your 2008 income taxes. Most of the strategies discussed in the guide will be effective only if they are implemented before the end of the year. So make your move now and focus on tax planning.

We urge you to secure professional tax advice before you act on any of the ideas discussed in this booklet. Reviewing your specific tax situation with an expert can help you determine whether a particular planning strategy is right for you.

The general information in this 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.