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Tax Planning…It’s never too early!
Yes, we’re not even at the midpoint to 2017 yet. But there are some things you need to think about even now to get ready for next year’s tax filing. Much of it has to do with arranging your income, and being aware that if your taxable income exceeds certain limits, up to 85% of it will be factored into the calculation of your tax liability. Edward J. Loughrey, CFE, EA, LPA, in a post on www.blufftontoday.com, highlights some of the things you need to consider while you still have time to adjust. Check it out here…
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