With 2019 coming to a close, individuals and businesses may still benefit from several tax savings strategies. Our colleagues at HBK CPAs & Consultants share the many opportunities still available and applicable even this late in the year.
Year-end planning for 2019 remains complicated by the various changes to the tax code under the Tax Cuts and Jobs Act (TCJA). Fortunately, the IRS has issued key guidance on some important areas throughout the year that have helped to address many areas of uncertainty following the implementation of the TCJA. However, several questions still linger as 2019 nears its end.