Just because it’s December doesn’t mean it’s too late to reduce your 2025 tax liability. Consider implementing these ideas before Dec. 31.
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Your Weekly Read
Boost your tax savings by donating appreciated stock instead of cash
Are you charitably inclined and looking for a powerful year-end tax-saving strategy? Consider donating appreciated publicly traded stock.
Digital assets and taxes: What you need to know
Curious how your crypto, NFTs or stablecoins could impact your taxes? We break down IRS rules and how to report digital asset transactions.
Understanding the “step-up in basis” when inheriting assets
Learn how the “step-up in basis” rule can help heirs avoid capital gains tax when they inherit certain assets.
What families need to know about the new tax law
The One, Big, Beautiful Bill (OBBB) has introduced many tax changes that could affect families. Here are a few of the new tax provisions.
Taming the tax tangle if you’re considering retirement
Retirement is a chance to travel, visit with family or just enjoy relaxing. Yet retirement may bring a tangle of tax implications.
Saving for college: Tax breaks and strategies your family should know
There are some tax-savvy ways to build education savings and pay for college. Here’s how to help maximize education funds.
How are Series EE savings bonds taxed?
If you own Series EE bonds, take a look at the issue dates to see if the bonds are no longer earning interest. Here’s how bond interest is taxed.
The tax consequences of selling mutual funds
Investing in mutual funds is popular, but selling shares may result in complicated tax matters. Here are the rules.
When do valuable gifts to charity require an appraisal?
If you donate valuable assets to charity and don’t follow certain requirements, the charitable tax deduction may be denied. Here are some answers to questions about how to protect your deductions.
IRAs: Build a tax-favored retirement nest egg
How much can you save in an individual retirement account this year and when do you have to start making withdrawals? Here are the answers to these and other IRA questions.
4 ideas that may help reduce your 2023 tax bill
Before you know it, 2024 will be here. But until then, there may still be time to reduce your 2023 federal tax liability by taking these steps.
Read something interesting? Want more information? Give us a call, and we will be happy to assist you in any way we can.
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