If you, like many other people, have resolved to get more organized in 2019, your financial records are a good place to start. Some files are important to keep indefinitely, while others can be shredded or deleted.
Year-end tax planning helps taxpayers to reduce their tax obligations and to understand their tax positions. However, changes resulting from the Tax Cuts and Jobs Act (TCJA) have added challenges for taxpayers. Find out what you should consider before year-end.