End-of-Year Tax Planning (With and Without Bush Tax Cuts)

It’s already the end of the year (where did the time go, right?), which means it’s also time to put together some year-end tax strategies that will help place you in a good financial position for when it’s time to file for the 2010 tax year. There are so many considerations, including how your taxes will be affected if Bush tax cuts expire on Dec. 31, 2010. That’s why it’s good to do your tax planning now.
To help you get started, we will first look at some general year-end tax strategies that would apply according to current tax standards. Then we c
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