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2024 Tax Planning Guide

January 22, 2024

January is the time we usually look backward at the previous year as we prepare for tax season. All your documents will begin arriving in the next few weeks so this is a reminder to get organized early. Find a place to store the documents as they arrive until it is time to file.  One good rule of thumb is to use a thumb drive as a backup in case your computer crashes or gets hacked.  

Yet, let’s take this time to look forward too.  There are some changes in 2024 that could make your tax season look different.  We put together this 2024 Tax Planning Guide to help you understand where your federal tax dollars go and some tips for your tax planning strategy. 

2024 Tax Planning Guide

Discussing your unique situation with both a financial professional and a tax professional may help you make the best choices as tax season approaches. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult with legal or tax professionals with expertise in this area for specific information regarding your situation. 

If you or anyone close to you would like to discuss how to manage your financial situation, please give our office a call to schedule a consultation.

This communication is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.