Recent changes in tax laws have reduced and even eliminated many tax breaks. But there are still a few things you can do before the end of the year to keep your tax bill as low as possible. Here are some tax-saving strategies you can use between now and December 31. As always, to determine the proper tax consequences of your specific situation, you should consult with an experienced tax professional who is familiar with your business and personal taxes. Business Taxes No change in income tax rates is currently scheduled for '95, which usually means that the best strategy is to defer taxable income into 1995 and to accelerate deductible expenses into 1994. Expense your equipment. Generally, you can't
