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Beat The Clock

Tick . . . tick . . . tick. The year is drawing to a close--but it's not too late to cut your tax bill.

This story appears in the December 1998 issue of Entrepreneur. Subscribe »

Don't let the year slip away without reviewing your business's tax status. Even though the clock's ticking, there's still time to take a look at where you stand and implement some effective strategies to ease your tax burden.

Tax planning is especially important this year because of a host of new tax law changes brought about by recently passed tax legislation, such as the Restructuring and Reform Act of 1998 (see "Tax Talk," November ) and the Taxpayer Relief Act of 1997. Both laws include changes that will affect your 1998 return and add to its complexity.

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