Strategies For Individual Taxpayers

Strategies for Individual taxpayers see pages 01 through 12.

Opportunities for Business Owners see pages 12 through 16.

According to the IRS, from 2001 to 2010, approximately 4,430 changes were made to the tax code, an average of more than one a day. In 2010 alone, an estimated 579 changes were made. And more changes are in store that may open or close the door to opportunities to reduce income taxes.

Year-End Tax Planning for 2012 gives you tips on how to take advantage of favorable federal tax law provisions and compensates for unfavorable ones -tips that you may discover can help you reduce your 2012 income-tax liability considerably. With our ever-changing tax law, keeping up to date is important. In Year-End Tax Planning for 2012, we explain key aspects of the current tax law and how those rules may apply to your situation. We also look ahead at changes we may see in 2013 and later.

We urge you to begin planning soon -while you still have time to investigate the many opportunities available to reduce your 2012 taxes. Of course, your personal and business situations are unique. The strategies discussed in Year-End Tax Planning for 2012 mayor may not be appropriate for you. Be sure to secure professional tax advice before attempting to implement any of the ideas presented.

Copyright ©2012 by NPI
*This publication is an advertisement prepared by NPI for the use of the publication's provider. The provider and NPI are companies. The content is not written or produced by the provider.