Most people don’t include tax planning on their summertime agenda, but there are benefits to doing so. The problem with waiting until the end of the year is that you reduce the time for planning strategies to take effect. If you take the time now to schedule a midyear tax planning review, you will have eight months for your actions to make a difference on your 2017 tax return. In addition, proposed tax reform could be cause for additional changes to your tax plan. Planning now for 2017 taxes not only helps reduce your taxes, but it may help you gain control of your entire financial situation. Give us a call to set up an appointment today.
Tags: mid year tax planning
Written by: Doug Rodrigues