Year-end financial advice is different this year

12/1/2008 | Los Angeles Times (tiered subscription model)

Accountants say a higher level of anxiety over potential tax increases and deductions makes year-end planning more important this year. Among other issues, accountants are talking to their clients about deferring deductions and accelerating income, increasing the deduction for expenses, taking a bonus depreciation deduction and taking a deduction for losses.

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