Year-end 2021 Tax Guide

As year-end approaches, now is a good time to think about planning moves that may help lower your tax bill for this year and possibly next.

Business and personal year-end tax planning for 2021 are widely affected by the COVID-19 pandemic. This year’s planning is made even more challenging as Congress debates proposed legislation.

Yeo & Yeo’s Year-end 2021 Tax Guide provides action items that may help you save tax dollars if you act before year-end. These are just some of the steps that can be taken to save taxes. Not all actions may apply in your particular situation, but you or a family member can likely benefit from many of them.

Next steps

After reviewing this year’s Year-end Tax Guide, reach out to your Yeo & Yeo tax advisor who can help narrow down the specific actions you can take and tailor a tax plan unique to your current personal and business situation.

Together we can:

• Identify tax strategies and advise you on which tax-saving moves to make.
• Evaluate tax planning scenarios.
• Determine how we can help.

We will continue to monitor tax changes and share information as it becomes available.