Key Checklist of Tax Planning

A key checklist for effective tax planning includes reviewing your income and expenses, identifying eligible deductions, considering tax-saving investments, and planning for tax credits. Ensure that you understand the latest tax laws, track capital gains, and optimize your business deductions if applicable. Additionally, plan for retirement contributions and ensure proper tax documentation is in place. Regular tax planning helps minimize liabilities and maximize savings while avoiding surprises at tax time.

Expires: December 31, 2028