As the holidays approach, many people are spending a lot of money trying to find the perfect gifts for friends and family. But don’t forget that this time of year also presents opportunity to save money with careful year-end tax planning. As the end of the tax year approaches, it is a good idea to review your tax plan and look for overlooked deductiions and opportunities to take advantage of 2010 tax savings strategies. While the tax code seems to be ever-changing, it is a good idea to consult with an expert to make sure you are doing all that you can do now to minimize the tax bite. Contact HLB Gross Collins, P.C. for year-end tax planning guidance.
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