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14 Last-Minute Tax Deductions You Don't Want To Miss

Have questions about this video? Sign up for a free consultation to get your questions answered by the professionals. https://aba.link/72fc5d Watch this video to learn about some of the most important tax deductions you may be able to claim. From property tax deductions to charity contributions, we'll cover everything you need to know about last-minute tax deductions. It's still possible to take advantage of these strategies but you need to plan ahead and get started as soon as possible. Follow along with us as we go step by step through all these strategies so that you can be sure to take full advantage of them. If you enjoyed watching our video, we hope that you will consider subscribing to the channel and following us on social media. We have a lot of great content coming in the new year, and we hope that you will be able to enjoy it with us. Show Notes: 0:00 Intro 1:41 IRA Conversion 9:00 Salary and Bonus 10:06 Pay your kids 12:35 Employee 401(k) Contributions 14:34 Charity Contributions 18:17 RMDs by end of the year 20:17 Gain Harvesting / Loss Harvesting 27:15 Equipment 29:22 Short-term rentals 32:37 Prepay expenses 34:10 Hold your invoices 36:30 Write-off bad debt 37:56 Pay reimbursements 39:10 HSA 42:59 Peaches Grand Entrance --------------------------------------------------------------------------------------------------------- SUBSCRIBE https://aba.link/subscribe ~~~~ FREE REAL ESTATE INVESTMENT STRATEGY SESSION Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 https://aba.link/72fc5d FREE TAX & ASSET PROTECTION WORKSHOP Learn about Real Estate & Asset Protection from Clint Coons, Esq, and Toby Mathis, Esq. at our next all-day free Livestream from 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: https://aba.link/724e3c TAX TUESDAY LIVE Toby Mathis, Esq. and Jeff Webb, CPA will answer ALL your questions LIVE on Tax Tuesdays every other Tues 👉 https://aba.link/37d3d1 OTHER ANDERSON ADVISOR EVENTS Learn a rich selection of subjects like tax and asset protection, business, investing, and much more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life. https://aba.link/tobyevents ~~~~ FINANCIAL PLANNING & TAX RESOURCES 📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 https://aba.link/IIWbook Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok:   / tobymathisesq   ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #taxes #taxdeductions #deductions