
Monday Nov 18, 2024
5 Strategies To Help You Save Taxes Part III
With just weeks left in the year, there’s still time to take action that could lower your taxes and keep more money in your pocket. In this episode of the Wealth Planning Podcast, host Anthony Brister discusses five practical year-end tax strategies that can help you maximize savings.
Want to save more on taxes and build wealth? Book a discovery call at https://www.bristertaxlaw.com ask for a comprehensive consult before the year ends!
Timestamps:
0:02 - Introduction to Year-End Tax Strategies
1:14 - Retroactive S-Corp Election
2:55 - Paying Family Members to Save on Taxes
8:23 - Making Your Rental Property “In Service”
10:50 - Prepaying Expenses or Purchasing Needed Equipment
12:05 - Dissolving Unused Entities & BOI Reporting
15:01 - Summary & Key Takeaways
If you’re looking for practical ways to manage your taxes before the year ends, this episode is for you. Make sure to like, subscribe, and share with others who might find this helpful!
🔗 Related Episodes: Catch our previous episodes for even more tax-saving insights!
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