Timing strategies could become more powerful in 2017, depending on what happens with tax reform

Timing strategies could become more powerful in 2017, depending on what happens with tax reformProjecting your business income and expenses for this year and next can allow you to time when you recognize income and incur deductible expenses to your tax advantage. Typically, it’s better to defer tax. This might end up being especially true this year, if tax reform legislation is signed into law.