Year-End Tax Planning Checklist, Episode #36

While unfortunately there’s no silver bullet to avoid paying taxes entirely, there are a number of things you can do to reduce the amount of taxes you do have to pay. In this episode, we share our year-end tax planning checklist and walk through some of the different areas to consider and specific strategies you can implement. We cover employer retirement plan contributions, Health Savings Accounts, 529 college savings plans, charitable giving, and backdoor Roth IRA contributions.

Resources & People Mentioned Podcast episode #4: The Best Way to Save For College As a Michigan Physician Podcast episode #23: 5 Strategies for Tax-Efficient Charitable Giving Download our guide: The Toolkit for Optimizing Your Finances as an Employed Physician Download our guide: The Financial Checkup