Tax reform proposals and the ongoing conversations around comprehensive tax reform have made individual tax planning for 2017 more complicated. In the absence of a clarity or certainty around tax changes, it is best to plan for the deductions, credits and other tax opportunities that are available now.
CBIZ's 2017 Individual Tax Planning Supplement helps break down what can be done before year-end to reduce your tax burden. The eight-page supplement provides a high-level overview of the current tax environment and tips for how to navigate it, including:
- 2017 individual tax rates & thresholds
- Top tips for reducing your year-end income tax
- Gift and estate tax strategies
- Alternative Minimum Tax considerations