November 15, 2010

As the 2010 tax year winds down there is still time to reduce this year’s tax bill, and plan for the 2011 tax year. Congress now has little time to enact new legislation to change the expiring tax cuts (see Upcoming Legislation discussion below), year-end planning, such as shifting income and deductions between this tax year and the next, may have more impact than ever on maximizing your tax savings.

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