![Individual Year-End Tax Planning for 2019](https://www.thehwteam.com/wp-content/uploads/2019/12/tax-planning1_10774420.jpg)
Individual Year-End Tax Planning for 2019
Year-end planning for 2019 takes place against the backdrop of recent major changes in the rules for individuals. Changes impacting your individual tax planning for 2019 include:
• Lowered income tax rates
• A boosted standard deduction
• Severely limited itemized deductions
• No personal exemptions
• An increased child tax credit
• A watered-down alternative minimum tax