As the year draws to a close, it’s understandable that things can get busy, but it’s also a critical time for your family to put in place several important tax-saving strategies. Acting now can substantially lower your tax liability come April, but with only a few weeks left in 2022, time is of the essence.…
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]]>People often come to us curious — or confused — about the role trusts play in saving on taxes. Given how frequently this issue comes up, here we’re going to explain the tax implications associated with different types of trusts in order to clarify this issue. Of course, if you need further clarification about trusts,…
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]]>Although many strategies to save on your income taxes must be locked in before the end of the year, there are still numerous ways you can reduce your tax bill right up until the filing deadline, which has been pushed back to Monday April 18th due to a holiday on April 15th. Some of these…
The post 7 Last-Minute Moves To Save On Your Taxes For 2021 appeared first on 5 West Legal Services, PLLC.
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