Key tax-planning strategies to consider before year-end

With a new administration in the White House, more legislation introduced due to the ongoing pandemic, such as the American Rescue Plan Act (ARPA) and the Consolidated Appropriations Act (CAA), and additional legislation expected to pass before the end of 2021, the U.S. tax system continues to change, making it challenging to navigate for U.S. taxpayers.

To help ensure you take advantage of tax credits and deductions expected to expire or change in 2022, Doeren Mayhew’s tax advisors highlight…