No one quite knows what is going to happen with the Bush tax cuts and the fiscal cliff between now and the end of 2012. Regardless, there are important actions small businesses (and large!) can take to reduce their tax liability for 2012 and prepare for whatever happens in 2013. There are Section 179 issues to consider along with bonus depreciation and normal depreciation. It's time to buy a new business vehicle if you need one. Consider your charitable contributions. There is a Medicare surcharge awaiting you in 2013. Lots of issues you and your tax accountant should think about before year end. Read my article on tax planning before the end of 2012 to help you navigate the uncertain waters!