Press Room: Article

December 17, 2010

Tax Planning in Uncertain Times

As another tax year nears closure, WTAS reminds our clients of year-end tax savings strategies.

Most often, the techniques we discuss are some variation on two common themes: (1) the acceleration of deductions and losses into the closing year, and (2) deferral of income and gains beyond the closing year. Unfortunately, as the 2010 tax year closes, we find ourselves in somewhat unprecedented territory.

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