While a lot of the extension bills from 2013 have not been extended for 2014 by Congress (yet), making some tax planning situations a bit murky, there are still some standard tax planning items to be done before the end of this year. See this post by Roger Russell in Accounting Today for the details:
http://www.accountingtoday.com/news/tax-planning/tax-planning-for-2015-71668-1.html
Still waiting on bonus depreciation and R & D credits among other items to be extended, but taking advantage of this list will help cut taxes. Make sure the planning is done for most of this before year end, as you can only take advantage of some of these at that time.
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