Why Year-End Planning Matters
Most tax-saving opportunities disappear on January 1st. Year-end planning gives you the chance to review your income, deductions, and credits before the window closes — so you can take action while there's still time.
Key Year-End Strategies
Maximize Retirement Contributions
Contributions to 401(k)s, IRAs, SEP-IRAs, and HSAs can reduce your taxable income for the year. Some accounts allow contributions up to the tax filing deadline.
Review Capital Gains & Losses
Consider harvesting losses to offset realized gains — this can significantly reduce investment-related taxes.
Defer Income / Accelerate Deductions
If you expect to be in a lower tax bracket next year, consider deferring income. Conversely, if you expect higher taxes next year, accelerating deductions into this year may help.
Make Charitable Contributions
Cash donations and gifts of appreciated stock to qualified charities are deductible if you itemize — and must be made by December 31st.
Business Equipment Purchases
Under Section 179, businesses can deduct the full cost of qualifying equipment purchased and put into service before year-end.
Book Your Year-End Meeting Today
Don't wait until tax season. A year-end planning session now can save you significantly on your upcoming return.
Schedule Your Meeting →