As year-end draws near, U.S. taxpayers face personal financial decisions amid great uncertainty about changes expected in legislation, taxes and spending in the coming months. On Thursday, Deloitte released a 2011 Essential Tax and Wealth Planning Guideto help individuals and private companies plan for future financial changes and demands.
The planning guide focuses in particular on income taxes, wealth transfer taxes, the potential effect of increasing tax rates, tax planning for those who reside in multiple states or countries, and considerations for private businesses