Midyear 2015 is upon us and, as usual, ongoing tax planning is proving critical this year. While Congress passed legislation last December that extended a number of expired tax provisions, many were extended only until December 31, 2014. What does this mean for 2015? Stay tuned as the details unfold.
One thing is certain: the tax landscape is complex. Developing effective tax strategies and ways to potentially minimize your taxes could take several months to implement. There’s no time like the present to start your tax planning.