Now is the best time to think about tax savings and tax planning. By April when most people ask how to lower their tax bill, it is often too late to do anything. Preparing tax returns is like reporting the news, you’re just stating what happened. There is not a lot you can do reduce taxes once the year is over. Tax savings is best done proactively through tax planning and implementing strategies during the year.
Below are my most recommended tax savings opportunities. Some may apply to you, some may not, but I urge you to take the time to read through them. If you have questions about them or anything else, please let me know. I would be happy to schedule some time to talk with you about your individual situation, questions, or concerns.