How to handle end-of-year payments

Julian Block •
AccountingWEB.com
New year 2018 change to 2019 concept. Hand flip over wood cube block

When I discuss year-end tax planning with my clients, many of them say they plan to accelerate deductions from 2019 into 2018. I caution them not to take their eyes off the calendar when they write checks at year’s end. Their efforts to offset write-offs against 2018’s income rather than 2019’s could be thwarted by

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