Are you taking full advantage of above-the-line tax deductions? Should you roll your traditional IRA over into a Roth IRA? Do you know if it's a good idea for you to bunch your itemized deductions to get over adjusted gross income (AGI) floors? Have you considered "zeroing out" your grantor retained annuity trust (GRAT)? Do you know how new tax provisions from the 2009 economic stimulus bill will affect you?
Grant Thornton's Year-end tax guide for 2009 addresses these kinds of questions and more. The guide discusses recent tax law changes and provides an overview of strategies to help you reduce your tax liability. It will show you how to tax-efficiently invest for education and retirement, and transfer your wealth to family members. For action steps to jump-start the planning process, look for our top 20 tax planning opportunities.
Read or download our online guide, then contact a Grant Thornton tax professional to find out what strategies will work best for you. >>
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Learn how the major new Standards will affect December 2009 year ends and get a summary of changes the IASB has made in the last quarter and those that are waiting in the wings.
