Looking for some opportunities to do some year end tax planning? Below is a link to 2 great lists from Samet & Co., a CPA firm in the Boston area. This is one of the best lists we’ve seen this year outlining strategies for actions you can take before year end. One for individuals and one for businesses.
Some of the highlights include:
Considering a Roth Conversion in lower income years.
Making gifts to charity – specifically gifts of low basis stock.
Realizing gains or losses on investments