“Another year of grappling with coronavirus has led to significant tax law changes for the 2021 season. While year-end tax planning is always important, recent adjustments — and the possibility of more on the horizon — may offer unique benefits along with potential pitfalls. Here are some of the biggest changes for individual taxpayers and how to prepare, according to financial experts …
Filers should get organized by reconciling their payments, said certified financial planner Larry Harris, director of tax services at Parsec Financial in Asheville, North Carolina.”
