When the leaves start to change color and the weather gets colder, it reminds us it is time to start thinking about what we can do before the end of the year to reduce our tax obligations. While there was some hope of significant federal individual tax legislation, it doesn’t appear it will come to fruition this year. However, there are some potential legislative proposals that could be beneficial if passed in 2022 or the beginning of 2023.
As you think about potential end-of-the-year actions…