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.
Tag: tax loss carryforwards
Five tax strategies that require year-end attention
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.