The words “vacation” and “taxes” don’t seem to go together, do they? Most people would prefer a vacation from taxes, not a vacation with taxes.
Congress’s habit of waiting until the last minute to vote on important tax legislation leaves very little wiggle room for tax planning.
Look, no one wants to admit to a bad investment, but sometimes, you just have to cut the cord. And that separation will help your tax bill in April.
Money taken from your 401(k) will be taxed as ordinary income, but it can get complicated.
Paying your January mortgage and yearly property taxes in December pays off at tax time.
Contributing to charity not only makes you feel good, but it is a great way to get your tax bill down, especially if you itemize your deductions.