As the year-end approaches, businesses have the opportunity to maximize their credits with key opportunities in the evolving tax landscape. Now is the time for individuals, business owners and family offices to review their 2023 and 2024 tax situations and identify opportunities for reducing, deferring or accelerating their tax obligations. As your informed partner, Hancock Askew stands ready to assist businesses in navigating these opportunities and ensuring compliance with evolving regulations.
The information contained within this article is based on federal laws and policies in effect as of the publication date. This article discusses tax planning for federal taxes. Applicable state and foreign taxes should also be considered. Taxpayers should consult with a trusted advisor when making tax and financial decisions regarding any of the items below.