It’s tempting not to think about taxes this time of year. After all, the holidays can be all consuming and tax day is still months away. But making some financial moves now can pay off in a major way next April.
“Year-end tax planning can make a big difference, resulting in savings of thousands or even hundreds of thousands of dollars," says Karen Goodfriend, a CPA with KK Wealth Advisors, LLC in Los Altos, Calif.
Here are five smart year-end tax moves to make right now.
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