Issue #149 You should always do some income tax planning in December, as it could save you a significant amount of tax. First, ask yourself these questions: How will my income and deductions change from this year to next? Besides earned income, don't forget to consider realized capital gains, stock options, required minimum distributions from retirement accounts, etc.
Year-End Tax Planning
Year-End Tax Planning
Year-End Tax Planning
Issue #149 You should always do some income tax planning in December, as it could save you a significant amount of tax. First, ask yourself these questions: How will my income and deductions change from this year to next? Besides earned income, don't forget to consider realized capital gains, stock options, required minimum distributions from retirement accounts, etc.