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Addressing Tax Issues Throughout the Year: There Is No Better Time to Start Than Now

By K. Jennie Kinnevy

Even though 2007 has come and gone, it is not too late ' it is never too late ' to think about tax planning and tax issues affecting your law firm. What still can be addressed now in 2008 that can impact your tax return for 2007? What tax issues can be addressed that can impact 2008? The following is a list of items to review internally with your financial team and externally with your tax adviser.

Potential Tax Deductions for 2007 to Consider After Year End

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