More tax options for business losses in 2020
The CARES Act provides more ways for business owners to offset losses in tax filings in 2020.
The CARES Act provides more ways for business owners to offset losses in tax filings in 2020.
Nearly every area of financial planning offers strategies that can help taxpayers re-position their investments and reduce their tax liability. But many of these tax-smart ideas — involving capital gains, estate and gift planning, and the alternative minimum tax (AMT) — must be acted on by year’s end. Here are five strategies to consider. 1.