To paraphrase an old saying, nothing may be certain in this world except death, taxes and thorny questions about tax-saving tactics.

This is an especially perplexing time for many taxpayers trying to figure out the best strategies, such as timing income, deductions and other maneuvers, amid major uncertainties about possible tax-law changes. More will be coming on that once the legislative picture becomes clearer.

This post first appeared on wsj.com

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