The Ultimate 2020 Tax Planning Guide
2020 could be a momentous year for many reasons. But if you're trying to do tax planning for 2020, it doesn't look like this year is going to bring much in the way of massive changes to tax laws. No matter what happens in the 2020 elections, any changes in the White House or control of Congress won't take effect until 2021, and so this year is likely to continue the gridlock that has kept current tax laws largely unchanged since 2018's tax reform efforts.
Even without major tax law changes, every year brings a host of smaller amendments to existing provisions. They include the following:
Let's take a more comprehensive look at all of these tax issues to help you create a better tax plan for 2020.
Source Fool.com
