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Year-end Tax Planning

November 12, 2020 11:09 PM | Cheryl Centeno (Administrator)

Program produced by XPX Chicago.

Year-end Tax Planning

The final quarter of the year presents last minute opportunities for tax planning.

We will focus on a few areas:

  • Purchase and expensing of equipment to be in service before year end.
  • Election to be a cash basis taxpayer.
  • How does PPP Loan forgiveness come into play.
  • Year-end estate planning for business owners
  • Planning to maximize the QBI deduction
  • Cares Act provisions you should be aware of Other year end items

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