Top 10 Year-End Tax Planning Tips for 2020!

Maximize your dollars this year! Whether just starting out or reaching a new level of financial complexity, we have important tax planning tips you can take advantage of in the new year.

In this episode, you’ll learn:

• Positives and negatives of new distribution opportunities
• How stimulus checks affect your 2020 taxes
• Easy tax deductions to take advantage of
• How to make sure you avoid IRS penalties
• Advanced tax planning strategies to add to your arsenal

Research and resources from this episode:

• Amid Virus Outbreak, E*TRADE Study Reveals Spike in Early Retirement Withdrawals Among Young Investors (Business Wire)
• Donation Value Guide (The Salvation Army)
• Valuation Guide for Goodwill Donors
• Topic No. 306 Penalty for Underpayment of Estimated Tax (IRS)

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