The end of the year is quickly approaching, and if you haven't started thinking about your taxes yet, now's the time to act!

Taxes play a crucial role in your overall wealth management and retirement plan. In this episode, Grant Ellis, founder of Ellis Retirement Services, breaks down 5 important tax checkups you should review before the year ends.

Whether you're planning for retirement or just managing your finances, these tips can help you avoid unnecessary tax penalties and optimize your financial situation for the next year.

Topics covered include:

Retirement Account Contributions – How to confirm your 401(k) and IRA contributions, ensure you don't exceed the limits, and avoid penalties.

Tax Withholdings – Ensure your withholdings are accurate so you're not over- or underpaying taxes.

Capital Gains & Losses – Learn how to handle capital gains taxes and what to do with any losses you've incurred this year.

Charitable Contributions – Maximize deductions by understanding the impact of your charitable donations.

Income Checkup – Understand your total income sources and how to avoid accidentally moving into a higher tax bracket.

Don't let tax season sneak up on you. Make sure you're fully prepared by following these 5 essential steps.

Whether you're an employee, business owner, or retiree, these strategies will help you keep your tax bill in check and make smarter financial decisions for next year.

If you want personalized advice or have any questions about taxes, wealth management, or retirement, book a FREE Zoom consultation with Grant Ellis directly on our website.

Let's talk about how we can help you build a solid financial future. 👉ellisretirement.com

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