Year-End Strategies For Smart Tax Planning

Estimate how much income you'll make and consider actions like deferring income or prepaying deductible expenses.


Contribute the maximum allowed to retirement accounts like 401(k) and IRA for tax advantages.

Retirement Contributions

Manage investments smartly to balance gains with losses for a tax-friendly portfolio.

Capital Gains/Losses

Use available credits for education, energy-efficient investments, or child-related expenses to reduce taxes.

Tax Credits

Maximize contributions to Health Savings Accounts and use remaining Flexible Spending Account balances before they expire.


If you have a business, review and accelerate deductible expenses.Take advantage of Section 179 deductions for business equipment purchases.

Business Expenses

 Seek guidance from a tax professional or financial advisor for personalized strategies based on your unique situation.

Professional Advice

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