Year End Tax and Financial Planning for 2024

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This article from Skloff Financial Group provides year-end tax and financial planning advice for 2024. It highlights common oversights, such as insufficient retirement plan contributions and improper capital gains/losses management. The article also discusses important tax strategies, including minimizing Alternative Minimum Tax (AMT) and utilizing 529 plans and gifting strategies. Specific actions are recommended to reduce tax burdens and improve one's financial position, emphasizing deadlines and potential penalties for inaction. The author is a financial professional offering expertise in these areas. • Article Link: • https://skloff.com/year-end-tax-and-f...

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