Year-end planning for 2019 takes place against the backdrop of recent major changes in the rules for individuals and businesses. Despite these major changes, the time-tested approach of deferring income and accelerating deductions to minimize taxes still works for many taxpayers, along with the tactic of “bunching” expenses into this year or the next to get around deduction restrictions. The article below provides some of the actions that can be taken to lower tax liability for this year and in the years to come.