Year-end tax planning ideas for individuals

(NIIT) Net Investment Income Tax, AGI (Adjustable Gross Income), Charitable Organizations, Income Tax, Individual Income Tax, Modified Adjusted Gross Income (MAGI) /

Now that fall is officially here, it’s a good time to start taking steps that may lower your tax bill for this year and next. One of the first planning steps is to ascertain whether you’ll take the standard deduction or itemize deductions for 2022. Many taxpayers won’t itemize because of the high 2022 standard […]

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