Quick Tips for end of year planning

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  • Openfire
    Member
    • Feb 2013
    • 81

    #1

    Quick Tips for end of year planning

    I have been asked to participate in an end of year tax planning/financial panel. I have been looking at all of the regular items usually included, but wondered if anyone had any new items I should add to the hit parade? Are there any items that are of concern that you would definitely include? I know much can change in the next few weeks with our new admin in place, but I wanted to ask the experts here for input, if you are willing.
  • Roland Slugg
    Senior Member
    • Aug 2006
    • 1860

    #2
    It would be difficult for anyone here to offer suggestions of things to add to your list unless he knew what was already on your list.
    Roland Slugg
    "I do what I can."

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    • Openfire
      Member
      • Feb 2013
      • 81

      #3
      Thank you so much. That completely makes sense. Perhaps I should ask instead some of the questions in my brain: what do you predict might change with the new administration? Do you believe the penalties (tax) for not having Health Care will be a reality for 2014, or will the republicans in office change/challenge that in time to avoid inclusion?
      Will the 179 deduction stay at the current amount? What does every tax preparer wish their clients did differently?

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      • New York Enrolled Agent
        Senior Member
        • Nov 2006
        • 1532

        #4
        FWIW - CCH has a document

        Tax, accounting, workflow, and firm management solutions to help your firm succeed, with the research tools you need to stay sharp.

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        • Openfire
          Member
          • Feb 2013
          • 81

          #5
          Thank you!

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