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McGuire on the Wire


Jan 21, 2021

Many taxpayers are asking if they should delay deductions. This question is particularly relevant as taxpayers plan for the 2021 tax season, given a newly elected president and now Democrat-controlled Congress. These government changes could impact tax rates this year and, therefore, filing strategies. In his latest podcast, Dave McGuire outlines the risks, timing, and other important factors for taxpayers to consider while planning when to take deductions.