The Vialto Tax Brief
Maximizing your wealth—2023 year-end tax planning
NOVEMBER 2023
As 2023 draws to a close, it's helpful to start thinking about year-end tax planning strategies. With ever-changing tax laws and a multitude of financial opportunities, strategic tax planning can maximize wealth while minimizing tax liabilities.
This edition of The Vialto Tax Brief will guide you through various tax planning strategies to consider in the coming months.
Review your annual income and partnership elections
Maximize retirement contributions
Capital gains and losses
Charitable giving
Municipal bonds
Review tax credits
Utilize tax-advantaged accounts
Unreimbursed Partner expense deductions
Plan for estate and gift taxes
As you can see from this selection of tax-planning strategies, there are many tax-planning options available for review. The potential benefit of each of these strategies is highly dependent upon each person and their individual circumstances, but it is important to, at a minimum, review your personal situation to ensure you are taking advantage of the tax benefits that could be available to you. If you have any questions about these strategies or would like to review your tax filing opportunities with a tax services provider, please do not hesitate to reach out to any of the individuals listed below.
Contact us:
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