Year-End Considerations

Defer. Document. De-escalate.

And first a disclaimer: December 15 is too late to do much in the way of year-end planning, but these thoughts might help.

  1. Defer income until next year; purchase now business assets that you’re going to need soon, anyway.
  2. Document important transactions of the past year now so that you don’t forget them later.
  3. De-escalate. Regardless of which side of a controversy you’re on, there’s wisdom in reasonably trying to resolve it during this time of year. Companies sometimes would rather pay claims than taxes, and individuals tend to reason better during this time of goodwill and reflection!

Season’s Greetings and Happy Holidays from Law Offices of Gary Green!