As we're all aware, 2020 has been an extraordinarily complex year — and as is often the case, that complexity is reflected in taxpayers' tax situations, whether they're businesses or individuals. While there is plenty of time before this year's tax returns need to be filed, the constantly changing economic situation, the presidential election, and the host of COVID-19 legislative provisions mean that some tax moves will only be effective if they're made before the end of the year.
While there's only a few days left in 2020, we've brought together some of our best year-end tax-planning coverage, ranging from reminders of classic strategies to deep dives into rules specific to COVID-19 tax relief. For each article, we've highlighted a strategy or two, but they all offer a host of potential tax savings — for those who act fast.