Year-end Tax Planning-2012

This is more or less the 40th year in which people have asked my advice about year-end tax planning, and it's safe to say that none of those years have presented as many uncertainties. Here's the situation as of the first week in December. Unless Congress acts in the next couple of weeks, federal taxes will increase in 2013. Read more.

 

Smart Philanthropy in Uncertain Tax Times

I've posted a separate piece here about the general issues facing taxpayers as they do year end planning in 2012. An important point in that discussion is that the possibility of higher tax rules in 2013 does not necessarily mean that it's better to generate deductions than in 2012. Read more.