End-of-Year Tax Planning: Smart Strategies for 2024
As the end of 2024 approaches, the holiday festivities aren’t the only thing on the horizon. It’s also a pivotal time to take stock of your financial situation and implement strategies to reduce your tax liability before the year ends. Proactive tax planning can help you optimize deductions, manage your tax bill, and set the stage for a stronger financial year in 2025. Here’s a closer look at key steps to take to maximize your financial opportunities before the year comes to a close. #1 Understand Key Deadlines and Limits Several tax-related actions must be completed by December 31 Read More