Last-Chance Tax Breaks for 2013

While busy with the holidays, clearing space in your schedule for some final year-end tax planning could help reduce your 2013 tax bill. Here are six last-minute maneuvers to consider:

1. Take charge of charitable donations
2. Balance investment holdings
3. Secure college tax breaks
4. Take required IRA distributions
5. Consider a Roth conversion
6. Make flexible spending account decisions and appointments

The Weaver newsletter article Wrap Up Last-Chance Tax Breaks for 2013 discusses each of these strategies in depth. Take a look and begin planning now because once the clock strikes midnight for 2014, these tax breaks will be gone.