TAX PLANNING
by Jean A. Ralston, CPA

As the end of the year approaches, it is a good time for you to engage in tax planning. This will be more challenging than usual because of uncertainty over whether and how Congress will extend AMT relief to avoid millions more becoming entrapped by it in 2007, and whether Congress will extend a number of important tax breaks expiring at the end of 2007. We have compiled a checklist of actions that may help you to save taxes if you act before year-end. Not all actions will apply in your particular situation, but you will likely benefit from many of them. Click Full Article to review the list and contact us at your earliest convenience so that we can advise you on which tax-saving moves to make.