Tax Planning Guide for Individuals and Businesses Year-End 2015

AAFCPAs is pleased to provide you with detailed tax planning guides that we know you will find helpful in navigating the numerous tax updates taking effect in 2016! If you have not done so already, there is still time to consider year-end tax-saving opportunities.

These tax guides are organized into sections discussing year-end, as well as year-round, tax-saving opportunities for:

• Click here to download the Guide for Businesses (19 pages), including
  • Partnerships, limited liability companies, and S corporations
  • Regular (C) corporations
• Click here to download the Guide for Individuals (25 pages)

Please note, as of the publication of these letters, most of the temporary tax provisions generally referred to as “extenders” had generally expired as of the end of 2014. While there is support in Congress, it is uncertain whether the extender provisions will be extended by Congress on a permanent or temporary basis (and, if extended, whether any such extension would be made retroactive). These extender provisions may be dealt with as part of a broader tax reform effort package or it could be examined on an individual basis.  As always, AAFCPAs will keep you informed and provide further updates as they become available.

We encourage you to have AAFCPAs’ Tax Team assist you with your specific tax strategy and to ensure you take full advantage of available tax savings.  If you have questions, please contact your AAFCPA partner, or Rich Weiner, CPA, partner at 774.512.4078, rweiner@nullaafcpa.com.  Thank you.

What you may have missed:

• Tax planning is an ongoing discipline – waiting for year-end means missing out on real opportunities
• AAFCPAs Warns of Recent IRS-Impersonation Identity Theft Scam
• Reduce Your Corporate or Partnership Income Tax for 2015

AAF Wealth Management is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where AAF Wealth Management and its representatives are properly licensed or exempt from licensure. This blog is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by AAF Wealth Management unless a client service agreement is in place.