Business

7 things you can do now to save on your tax bill next year


The 2023 tax year has only just begun and the tax payment deadline for the 2023 taxes is just over a year away. But if you start planning, you can save big in taxes.

With stock prices still far from highs and the Internal Revenue Service’s recent inflation adjustments to the 2023 tax threshold, tax moves early in the year could reduce your taxable income, boost savings. Defer taxes and pass more on to your beneficiaries tax-free.

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