Below is a list of tax savings actions that can be used in 2019 to save federal income taxes.  Some actions may require that you consult with an experienced tax accountant or tax advisor.

Table of Contents

Click on the chapter text to see the articles in a chapter.

Chapter 1: Bracket Management Strategies

1.  Bracket Management
2.  Capital Gain Harvesting
3.  Harvesting Capital Losses
4.  Trusts as S Corporation Shareholders: ESBT vs. QSST

Chapter 2: Income Smoothing Strategies

5.  Substantial Sale Charitable Remainder Trust (CRT)
6.  Retirement Charitable Remainder Trust
7.  Roth IRA Conversions
8.  Oil and Gas Investments
9.  Two-Year Installment Sale Strategy
10.  Nonqualified Tax DeUpdateferred Annuities
11. Borrowing from Permanent Life Insurance Policies

Chapter 3: Income Shifting Strategies

12.  Income Shifting Charitable Remainder Trust
13.  Family Limited Partnership (FLP)

Chapter 4: Reducing Taxable Income Strategies

14.  Tax-Aware Investing
15.  Incomplete Gift, Non-Grantor (ING) Trusts
16.  Captive Insurance Companies

Chapter 5: Specific Net Investment Income Tax Strategies

17.  Inter Vivos Charitable Lead Annuity Trust (CLAT)
18.  Grouping Business Activities to Create Material Participation and Avoid the NIIT
19.  Choice of Filing Status to Avoid the 3.8% NIIT

Chapter 6: Wealth Transfer Strategies

20.  Intra-Family Loans
21.  Grantor Retained Annuity Trust (GRAT)
22.  Dynasty Trust
23.  IDGT Sale
24.  Domestic Asset Protection Trust (DAPT)
25.  Spousal Limited Access Trusts

Chapter 7: IRC Section 199A Planning

26.  IRC § 199A Overview
27.  Managing IRC § 199A Limitation Amounts
28.  Choice of Entity Decision After the TCJA–Converting a Pass-Through Entity to a C Corporation
29.  Using Multiple Trusts to Enhance the Benefits of IRC § 199A
30.  Aggregating Trades or Businesses to Increase the § 199A Deduction

Chapter 8: Ten More Must Know Strategies for 2019

31.  Trust Decanting
32.  S-Election to Save Employment Taxes
33.  Portability
34.  Trusts Named as IRA Beneficiaries
35.  Sale to an Intentionally Defective Grantor Trust (IDGT) with a Self-Cancelling Installment Note (SCIN) Hedge
36.  Qualified Small Business Stock
37.  Opportunity Zones
38.  Puerto Rico Tax Incentives
39.  Timing the NQSO Exercise Decision
40.  Cost Segregation