10 Tax-Cutting Moves to Make Now |

There are aspects of your retirement planning that you can't control, but are you controlling the controllable - like your taxes in retirement? The White House estimates that our collective individual income tax will add up to $2.3 trillion this year! How much of that will you be paying? Learn from Joe Anderson, CFP®, and Big Al Clopine, CPA, the 10 tax-cutting moves to make now - so you can send less of your money to the IRS.

Download the Top 10 Tax Tips - the YMYW Special Offer, for a limited time only! https://purefinancial.com/ymyw/#ymyw-...

Your Money, Your Wealth® TV - S9 | E14

00:00 - Intro
01:54 - Tax Overview
04:06 - 2023 Tax Deductions
05:38 - 2023 Tax Brackets
07:34 - Retirement Contribution Limits
08:36 - Move 1: Max-Out Retirement Contributions
08:50 - Move 2: Solo 401(k) for Self-Employed
09:17 - Top 10 Tax Tips - FREE Guide
07:40 - True/False: Enrolling in a Health Savings Account (HSA) can reduce your 2023 taxes. [True]
10:30 - Move 3: HSA
11:19 - Move 4: Tax Loss Harvesting
13:10 - Move 5: Tax Gain Harvesting
14:23 - Move 6: Roth Conversion
15:56 - Move 7: Backdoor Roth
16:47 - Move 8: Donor-Advised Fund
17:06 - Top 10 Tax Tips - FREE Guide
17:46 - True/False: Tax credits are generally more valuable than tax deductions. [True]
18:24 - Move 9: Take Advantage of Tax Credits
18:38 - Move 10: Net Unrealized Appreciation (NUA)
19:30 - Ask Joe & Al: What happens if I don’t pay my taxes on time? – Lenny, Nevada
22:28 - Pure Takeaway
22:54 - Top 10 Tax Tips - FREE Guide

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IMPORTANT DISCLOSURES:
• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, LLC, a Registered Investment Advisor.
• Pure Financial Advisors LLC does not offer tax or legal advice. Consult with your tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. As rules and regulations change, content may become outdated.
• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
CFP® - The CERTIFIED FINANCIAL PLANNER™ certification is by the Certified Financial Planner Board of Standards, Inc. To attain the right to use the CFP® designation, an individual must satisfactorily fulfill education, experience and ethics requirements as well as pass a comprehensive exam. Thirty hours of continuing education is required every two years to maintain the designation.
AIF® - Accredited Investment Fiduciary designation is administered by the Center for Fiduciary Studies fi360. To receive the AIF Designation, an individual must meet prerequisite criteria, complete a training program, and pass a comprehensive examination. Six hours of continuing education is required annually to maintain the designation.
CPA – Certified Public Accountant is a license set by the American Institute of Certified Public Accountants and administered by the National Association of State Boards of Accountancy. Eligibility to sit for the Uniform CPA Exam is determined by individual State Boards of Accountancy. Typically, the requirement is a U.S. bachelor’s degree which includes a minimum number of qualifying credit hours in accounting and business administration with an additional one-year study. All CPA candidates must pass the Uniform CPA Examination to qualify for a CPA certificate and license (i.e., permit to practice) to practice public accounting. CPAs are required to take continuing education courses to renew their license, and most states require CPAs to complete an ethics course during every renewal period.