For so many people, the year end holidays arrive earlier each year. Early Black Friday Shopping starts in July, and some stores display holiday decorations in September. While this timing may seem way too early for some, we should really apply this model to tax year end planning. If you are listening to this episode and you have not started your tax planning, you are late…but not the worry…the Huddle Guys can help get you focused.
In this episode the Huddle Guys discuss some year-end tax planning strategies for all income levels. You have to plan ahead to maximize tax savings. Listen as they give advice about Continue Education (CE) credits, year-end business meetings, retirement contributions and Health Spending Accounts (HSAs), and how these items can factor into your year-end financial close out. Have you heard of a Backdoor Roth IRA? If not, stay tuned.
The Huddle Guys caution us again about relying on social media for tax advice. If you are ready to get serious about your tax planning…step away from TikTok, and listen to the Huddle Guys. If you need a CPA, connect with them at Contact Us | CPA Huddle. It’s time to Huddle Up!
