Year End Tax Planning Opportunities

By December 10, 2022February 23rd, 2023No Comments

Year-end is fast approaching, with the holidays just around the corner. While the market malaise may be front-and-center on the minds of many, individuals should not overlook year-end planning opportunities which may provide meaningful benefits.

  • Harvest Losses
  • Analyze Mutual Fund Year-End Capital Gain Distributions
  • Manage Charitable Donations
  • Satisfy Required Minimum Distributions using the IRA Charitable Rollover
  • Consider a Roth Conversion
  • Utilize Annual Exclusion Gifts
  • Utilize the Lifetime Gift Tax Exemption
  • Review Estate Plans and Beneficiary Designations
  • Evaluate When to Collect Social Security Retirement Benefits
  • Consider a Change in State Residency

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