10 last-minute 2016 tax tips to save you money in 2017

  • If you anticipate that your 2017 will not be as good as your 2016, add as many deductions to this year's bill as you can by December 31, 2016.
  • If you anticipate 2017 will be better than 2016, push your deductions into the New Year.

Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018

Are you staring at a big income tax bill for 2016 because you had a great year, or are you looking at a refund because this year was lousy? Depending on the year you had, here are some savvy ways to get the most out of your taxes — provided you take action at the right time.