Posts Tagged ‘yearendplanning’
Three Year-End Strategies That Can Cut Your 2025 Tax Bill
By Robyn A. Friedman Did you lose your job this year and receive a severance payment for which taxes are due? Maybe you inherited money or earned more than expected and face a bigger tax bill than you planned for. Or perhaps you’re just looking to reduce the taxes you’ll have to pay on this year’s…
Read MoreMaking Christmas joyful without the financial strain
The festive season is a time of joy, family gatherings, and giving, but it can also bring a significant financial burden. With the right strategies, however, it’s possible to enjoy Christmas without breaking the bank. Here are some tips to help you save some of your hard earned money and manage your finances during the…
Read MoreTax-Loss Harvesting and Year-End Tax Planning Turning Market Volatility into Opportunity
Retirees often see volatility as a threat to hard-earned nest eggs, but with careful tax planning, it can also be an opportunity. As 2025 draws to a close, savvy tax moves—especially tax-loss harvesting—can make a measurable difference in your after-tax income, portfolio sustainability, and peace of mind. What Is Tax-Loss Harvesting? Tax-loss harvesting is the…
Read More9 important money moves to make before the end of the year: Start 2026 off on solid financial footing by checking off these tasks by year-end.
By Bob Haegele – Yahoo Personal Finance The end of the year is more than just holiday parties and last-minute shopping—it’s also your chance to give your finances a strong finish. Before the calendar flips, there are a few smart money moves that can help you lower your tax bill, boost your savings, and set…
Read MoreTop Five Year-End Planning Moves to Consider-Making these moves will impact your financial health for a better future
As the end of the year approaches, it’s an opportune time to review your financial status and make strategic decisions that can impact your financial well-being in the coming year. Implementing certain financial moves before the year ends can potentially save you money, optimize your taxes, and set a solid foundation for the future. Here…
Read MoreDecember: Time to Think About 2025 Resolutions
As the year winds down and the holiday season takes center stage, early December is the perfect time to begin thinking about your year-end resolutions. Starting the process early allows you to reflect thoughtfully on the past year and set meaningful, achievable goals for the year ahead. By giving yourself ample time to brainstorm, refine,…
Read MoreTips to make your holidays more joyful by lessening financial stress
Stress about money can take a lot of the joy out of the holiday season, but a Texas A&M AgriLife Extension Service expert has some tips to help make your holiday season a little merrier through budgeting, prioritizing and considering gifting alternatives. Holiday spending can be a major stressor during the holidays, said Lakshmi Mahadevan, Ph.D., AgriLife…
Read MoreYear-End Charitable Giving Strategies to Consider: Charitable planning should be integrated into overall wealth management
As December 31 approaches, charitable giving becomes top of mind for many individuals. Whether driven by a desire to maximize tax incentives, honor a loved one, or thoughtfully allocate year-end bonuses, this season is a strategic time for philanthropy. For high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals, giving often requires careful planning and involves more advanced…
Read MoreFortify Your Financial Security During the Holidays: A holiday season guide to protecting your financial information from hackers
As the holiday season approaches, the air buzzes with excitement, but it also rings alarm bells for cybercriminals aiming to exploit the festive fervor. Protecting your financial information from hackers during this period demands heightened vigilance and proactive measures. Here’s a comprehensive guide to safeguard your financial well-being during the holiday hustle and bustle: Strengthen…
Read MoreMoney Makeover: Strategic Financial Resolutions for a Prosperous 2024
As the calendar flips to a new year, many individuals embark on a journey of self-improvement. Personal finance is a crucial aspect that often reaches the top of resolution lists. Setting financial resolutions for the upcoming year can pave the way for a more prosperous future. In this article, we will explore eight strategic financial resolutions…
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