June 23, 2020— While the current volatile market conditions and overall economic landscape may have your investment and business decisions top of mind, an important area of planning that can be deployed during this time is tax planning. You may be asking: How can I use my personal and investment-based expenses to reduce my income tax liability? Director of Income Tax Planning Tom Kelley discusses ways to position your current expenses and deductions with tax elections to potentially reduce your income taxes, maximizing your itemized deductions.
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