With rising interest rates, inflation, and continuing market volatility, tax planning is as essential as ever for taxpayers looking to manage cash flow while paying the least amount of taxes possible over time. As we approach the end of the year, now is the time for individuals, business owners, and family offices to review their 2022 and 2023 tax situations and identify opportunities for reducing, deferring, and/or accelerating their tax obligations. The information contained within this planning letter is based on federal laws and policies in effect as of the publication date. The tax information provided focuses primarily on federal tax planning strategies.

The information contained within this planning letter is based on federal laws and policies in effect as of the publication date. The tax information provided focuses primarily on federal tax planning strategies. We hope this information helpful and we encourage you to reach out to your HBK tax advisor to discuss these planning opportunities prior to implementing any changes.