The end of the year is approaching and as a tax payer, you may be able to make some last-minute moves to improve your financial position come tax time. By making tax-free donations or contributions to retirement accounts, you can shrink your taxable income which can equate to a larger tax refund or less owed. The following are some simple options you may want to consider taking advantage of by year-end:
Let’s talk to see if making one or more of these options could lower your tax burden come tax time. All the best, |
Last-Minute Moves to Shrink Your Taxable Income
