Gelman, Rosenberg & Freedman CPAs has published its 2012 year-end tax planning letter to provide clients and friends with expert insights and strategies for tax planning purposes. With healthcare-related taxes, the forthcoming expiration of tax cuts currently in place, widespread talk of the fiscal cliff, the outcome of the presidential election and the potential for Congressional action to manage tax changes now set to go into effect in 2013, this promises to be one of the most complex tax seasons in a long time.
You can also register for our Year-End Tax Planning Seminar on December 5, to receive expert tax planning advice from Tax and Business Valuation Director Walter Deyhle.
Gelman, Rosenberg & Freedman’s 2012 tax planning letter is broken out into the following areas:
- Changes on the Horizon
- Planning for the New Healthcare Taxes
- Income Tax Withholding
- Year-end Tax Planning Strategies
- Capital Gains and Losses
- Estate and Gift Tax Planning
- Medical Expenditure Planning
- Retirement Plans for Your Business
- Section 179 Expensing
- Bonus Depreciation
- Cost Segregation Studies
- Losses from Pass-through Entities
- Changes to Repair Regulations
- Corporate Dividends
- Health Care Tax Credit
This letter contains details we hope will be informative as you make decisions that could impact your 2012 tax liability while planning for 2013. We encourage you to contact our tax professionals for additional guidance in navigating the unusual complexities of the current tax season.