RIA Issues Year-end tax Tips
"Tax Saving Moves for the Rest of '99" is designed to assist taxpayers to take the initiative before the end of 1999 to maximize tax savings.
Even though this year did not involve any significant tax legislation, RIA advises that 1999 is the last year that five-year income averaging can be used to compute the income taxes due on lump-sum distributions from a qualified employer plan.
In addition, the IRS has just extended the time for recharacterization of IRAs. This was talked about more extensively in a story  that ran on AccountingWeb earlier this week.