7 tax planning considerations ahead of the great TCJA sunset
With a new filing season upon us, now is an ideal time for individuals and businesses to explore tax-planning strategies that may help reduce their overall tax bill. Of significant consideration for taxpayers to be aware of are the several tax changes introduced in the Tax Cuts and Jobs Act (TCJA), which are scheduled to expire or fully sunset in 2025, making this year crucial for tax planning.
Good tax news came at the beginning of this year with the announcement of the Tax Relief for American…