Although you can’t avoid taxes, you can take steps to minimize them. This requires proactive tax planning — estimating your tax liability, looking for ways to reduce it and taking timely action.

To help you identify strategies that might work for you in 2023, we’re pleased to present our annual tax planning guide. This year’s guide:

  • Explains recent tax law changes of significance,
  • notes some tax law changes that have been proposed,
  • provides a refresher on the extensive changes that generally went into effect five years ago under the Tax Cuts and Jobs Act (TCJA) — and their potential impact on tax planning, and
  • shows how various strategies apply to different situations, and presents charts and case studies to illustrate some specifics of tax planning.

Understanding the ins and outs of recent tax law changes, as well as the TCJA, and determining which steps to take aren’t easy. We are here to help dive into the tax law. Our 40+ years of experience in helping clients like you minimize taxes speaks volumes. Contact your Iannuzzi Manetta tax professional at your earliest convenience to discuss how we can help you develop a tax plan for 2023 and beyond.

Download Tax Planning Guide