As we are entering tax season, it is not too late to help reduce your tax bill for 2023. Did you know you have until April 15, 2024 to make prior year contributions to your IRA (from earned income)? That is just one of many tax strategies you may be able to take advantage of. Now is an excellent time to assess your tax situation and start 2024 tax year on the right foot with these strategies.
Tax-Smart Planning Strategies
Now is the perfect time to evaluate some effective strategies that could help reduce your current and future taxes. Tax planning should be a year-round activity; it is wise to revisit these topics regularly in context of your financial situation. Read more here. >
Managing Taxes on Your Investments
There is a saying, “when it comes to your money, it is not what you earn but what you keep”. In this article, you’ll find some ideas that may help lessen your income tax burden, so you can keep more of your investment earnings. Read more here. >
We hope you find these articles informative and helpful as we enter tax season. If you have any questions regarding these topics or would like to discuss your personal tax situation and financial goals, feel free to contact us or speak with any of our financial advisors. We’re here to help!