End-of-Year Tax Strategies

It’s time to focus on the end of the year and especially taxes, which are a big topic of conversation right now. We spotlight this topic every December because it’s just that important.

Your Guide:

It’s time to focus on the end of the year and especially taxes, which are a big topic of conversation right now. We spotlight this topic every December because it’s just that important.

We do a year-end tax event each year and produce a white paper because having the right strategies to limit your tax bill can help reduce some of the anxiety around tax time. Some people stress about doing their taxes. If you’ve ever received a letter from the IRS, you know what that anxiety is like.

 

On this episode, we’ll share:

  • Why we’re sitting at very low tax rates and how that could change. [7:36]
  • Whether you should do itemized or standard deductions. [11:10]
  • Why you need to get a 2022 tax projection. [13:26]

Listen to more of our conversation in the podcast or reach out to us to talk about your financial situation and goals.

Thanks for checking out the Your Retirement Elevated Podcast. We’ll talk to you again on the next show.

PDF: End of Year Tax Strategies PDF – Downloadable for Website.pdf

 

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ABOUT YOUR HOST...

Scott Dougan founded Elevated Retirement Group in 2003 in order to fill a niche he felt was not being addressed properly in the retirement planning environment – helping retirees and pre-retirees in the Kansas City metro area find answers to issues that may affect the quality of life during their retirement.

Scott is a Registered Financial Consultant (RFC) and holds a Series 65 Investment Adviser Representative license, which holds him to the fiduciary standard. He also holds insurance licenses in Kansas, Missouri and other states.

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