Tax Planning Strategies (2014-2015)

Ideal for gaining a clear understanding of many tax planning approaches and techniques that may yield substantial tax savings for individuals and small businesses.

Tax Planning Strategies (2014-2015) is ideal for gaining a clear understanding of many tax planning approaches and techniques that may yield substantial tax savings for individuals and small businesses. This helpful, plain-English guide focuses on the income tax issues primarily for individuals and also for businesses that need to be addressed throughout the year, as well as retirement and estate planning strategies.

This new edition of the popular Tax Planning Strategies book has been completely revised and updated to reflect the numerous new tax planning options, strategies and considerations in light of new tax legislation and other developments in the tax law.

Tax Planning Strategies provides clear and concise explanations of the planning opportunities that are available. Main topics covered include:

• Importance of Tax Planning
• Income Subject to Tax
• Making Deductions Count
• Investment Decisions
• Retirement Planning Considerations
• Minimizing Estate and Gift Taxes
• Family Tax Planning Strategies
• Estimated Tax
• Business Planning

The guide provides “Examples” that illustrate the application of the tax laws. It also includes "Planning Alerts" and "Tax Tips" which highlight important tax planning advice and information. Throughout the guide, references are provided to CCH’s U.S. Master Tax Guide to allow easy access to more detailed information and guidance. In addition, a handy Tax Planning Checklist provides quick reference to the pertinent tax savings strategies. Other helpful appendices include:

• Tax Calendar
• Income Tax Rates
• Deductions Checklist

Revised and published annually, CCH's Tax Planning Strategies is the perfect tool to assist in planning for this year's taxes, while also taking steps to deal with next year's taxes. And, as a complimentary handout available for purchase with personalized covers, it serves as an outstanding vehicle for practitioners and firms for building customer goodwill and attracting new clientele.