Year-End Tax Planning: Above, Below, and Beyond the Line
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Year-End Tax Planning: Above, Below, and Beyond the Line
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As the year wraps up, it’s time to make smart moves that can lower your tax bill and set you up for a stronger 2025. Don breaks down key year-end planning strategies- covering deductions, charitable giving, and state-specific opportunities- that could help you keep more of what you’ve earned. Don’t miss these insights that might save you thousands before December 31!
Here’s some of what we discuss in this episode:
💼 New Deductions: key year-end tax updates and changes for 2025
📊 Above & Below the Line: understanding how different deductions impact your AGI
💰 End of Year Strategies: planning strategies for high earners under age 65
❤️ Giving Back: smart charitable and estate planning opportunities
🏛️ State Savings: unique New Jersey deductions and credits retirees should know
📅 Year-End Tips: what to do before December 31 to maximize savings
Get in touch with Don and learn more: https://doncashpodcast.com/