2009 Year-End Tax Tips by David C. Morganelli, Esq.

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Year-end tax planning is generally a good idea, but in 2009 it is particularly important given all the initiatives the federal government has undertaken to start the engines of economic growth. If we have learned nothing else in the wake of the economic downturn, we have at least learned that when referring to taxation no tax benefit is guaranteed for the long-term. We also know that 2010 will likely usher in major tax changes as lawmakers confront a record federal deficit. Individuals should continually review the tax benefits available to them, including....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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