Summer Activities and Tax Planning!

Tax planning is crucial all year round, not just during tax season. Taxes are a big deal and can take a big bite out of your finances if you're not careful. So, don't wait until the last minute to plan your taxes – it can lead to stress and missed opportunities to save money.

Instead:

1. Invest in tax-friendly accounts,?
2. Donate to charity, and
3. Manage how your income comes in.

Have tax experts on your side. doing that will take a huge weight off your shoulders. Working with a tax professional will help you get all the deductions and credits you deserve so you can keep more of your hard-earned money.

Be the boss of your taxes, not the other way around. Start planning today for the next year. The more you plan ahead, the less likely you will get burned.

May your tax strategies pave the way for a brighter financial future.

Summer’s for fun—it's also a time to think about taxes!

1. If you tied a knot, update your name with the Social Security Administration and inform the IRS of any address changes.
2. If you sent your ?????????? ???? ???????????? ????????, the cost may count toward the Child and Dependent Care Credit.
3. If you travel for work, take advantage of tax deductions for business-related trips.
4. If you worked part-time, filing a tax return could get you a refund.
5. Even investing in energy-efficient home improvements like solar panels, fuel cells, etc could qualify you for a tax credit of up to $3,200.

Remember these nuances amidst the summer fun to ensure a smoother tax season ahead.

Quote of the Month

“Wealth is the ability to fully experience life.” - Henry David Thoreau

Feel free to reach out if you’ve any concerns.

Here’s to financial success!

Cheers,

Jaye Subramanian