Posts Tagged ‘tax saving strategies’
10 Smart Summer Tax Moves to Shrink Your 2025 Bill Before It’s Too Late
Summer isn’t just for cookouts and vacations. It’s actually the perfect window—calm enough, early enough—to make smart tax moves before the year starts slipping away. You don’t have to overhaul your finances or spend hours in spreadsheets. But if you wait until the fall (or worse, winter), the choices shrink fast. This is about small,…
Read MoreThe 10 Biggest Pitfalls of Tax-Loss Harvesting
Tax-loss harvesting is a powerful tool for reducing tax liability, but like any strategy, it can go wrong if not executed properly. Understanding its pitfalls is crucial for investors who want to use this technique effectively. This post will explore the 10 biggest mistakes investors make with tax-loss harvesting, explain how tax advisors can help…
Read MoreHigh-Income Earners: Should You Use a Deferred Compensation Plan?
If you’re a high-income professional—particularly a physician—you may be looking for ways to reduce your tax burden while building long-term wealth. One overlooked tool that can help is the deferred compensation plan. But is it the right move for you? Let’s explore how these plans work, how they benefit high earners like doctors and executives,…
Read More