For most of the last decade, year-end tax planning has been complicated by a great deal of uncertainty. This year is no different.

As things now stand, dozens of favorable tax-law provisions that technically expired after 2014 are in limbo. Some or all of those provisions may be reinstated, even retroactive to the beginning of the year, if Congress enacts new legislation. But there are no guarantees that the nation’s lawmakers will come to an agreement before 2016. Furthermore, even if changes are enacted, they may occur too late for taxpayers to take any meaningful tax action.  Stay tuned to our blog for developments on these tax extenders.

We know that taxpayers must contend with a continuing stream of new cases, rulings and regulations on various issues that could affect year-end tax-planning decisions.

With this in mind, Whalen & Company has prepared 2015 Year-End Tax Planning tips for your convenience! Click here to download our 2015 Year-End Tax Planning Letter, which include guidelines for:

• Individual Tax Planning
• Business Tax Planning
• Financial Tax Planning

Be aware that the tax-planning concepts outlined in the attached are only intended to provide an overview. It is recommended that you review your situation with your Whalen & Company, CPAs tax professional.