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Last-minute tax deductions for the end of the year

If you considered tax planning was restricted to around the tax deadline, you may want to review those plans. The end of the year is just as essential. After you create your final tax moves before the new year, you can look ahead to filing your return, and then start tax planning for the future year. To know more visit here https://www.straighttalkcpas.com/tax-planning-and-preparation

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Last-minute tax deductions for the end of the year

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  1. Last-minute tax deductions for the end of the year If you thought tax planning was restricted to around the tax deadline, you may want to review those plans. The end of the year is just as crucial. Experts providing work with you to make a financial plan that contains tax liabilities. Here are a few end-of-year tax tips that could save money. tax planning services Remember to use it-or-lose-it money in flexible spending accounts. Plan to accelerate or delay payments Sell certain securities Calculate income and determine if a tax benefit phaseout could affect the tax return. Lower taxable income through the charitable deduction

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