Steven Bankler CPA provides advice on mastering the art of timing with Tax Planning
Mastering the art of timing can be a powerful tax planning tool. Simply filing and paying on time can make a significant difference. So can managing the timing of asset purchases, capital gains and losses, and deductions. Consider the following ways timing can reduce your tax bill:
- Failure-To-Pay and Late Payments
- Placed-in Service Mistakes
- Capital Gains and Losses
- Deferring of Accelerating Income
- Estate Matters
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