2021 Tax Planning

Tax Planning in unprecedented times

Businesses and individual taxpayers need to be aware of the significant tax law changes and other key provisions going into effect this year under the new Coronavirus Aid, Relief and Economic Security (CARES) Act and Setting Every Community Up for Retirement Enhancement (SECURE) Act due to the Coronavirus (COVID-19) global pandemic.

This guide covers topics highlighting: 

• Deductions and Tax-Saving Opportunities for Businesses and Individuals
• 529 plans, "Kiddie Tax," and other dependent- and education-related credits
• Why Business Can't Neglect Tax Planning in 2020

• Tax planning for investments in an uncertain market
• Estate Planning Provisions

We hope you find this guide helpful in understanding recent tax-related legislation and determining which tax strategies will make the most sense for you and your business this year.