Before the year comes to a close, it is imperative to make sure your financial affairs are in order. Additionally, you still have time to take advantage of some financial planning opportunities that could potentially reduce your taxes.
Despite the changes that were made to income tax deductions through the Tax Cuts and Jobs Act of 2017, there are still several strategies that a donor can utilize to reap a tax benefit from charitable giving.
Investing tax efficiently is a complicated, but critical component to portfolio management. When you invest tax-efficiently, you minimize the taxes that you pay while maximizing the dollars that you keep. Is your portfolio being managed tax-efficiently?