The Marcum 2016 Year-End Tax Guide continues our tradition of providing timely tax guidance for the upcoming year.
While this 2016 Tax Guide is, in a sense, historical, in that it addresses rules presently in effect, we are always looking ahead to potential changes and how they might affect our clients. As in the past, please use this Tax Guide as a reference for your 2016 planning.
We will all face tax challenges in 2017, as Congress and our new President sort out their respective parties' platforms. Hopefully, a workable compromise on divergent tax philosophies will be reached. While some measure of agreement may be achieved, the road to resolution will certainly be long and arduous.
The tax laws and planning ideas in this year's Marcum Tax Guide are a refresher on rules and regulations that may be applicable to you. Use this guide to think about planning ideas that may be beneficial in your specific circumstances.