6 Tax Moves You Should Consider For 2025 скачать в хорошем качестве

6 Tax Moves You Should Consider For 2025

Taxes are complicated, but preparing for them doesn’t have to be. As we approach 2025, changes like the expiration of the Tax Cuts and Jobs Act and potential shifts in tax laws could have a significant impact on your finances. In this video, we’ll break down 7 key tax traps to watch out for and the strategies you can use to avoid them. From managing capital gain distributions to optimizing tax-efficient asset location, we’ll give you actionable insights to help you keep more of your hard-earned money. Don’t wait until it’s too late—start planning now to make 2025 your most tax-efficient year yet. [Time Stamps] 0:00 - Introduction: Preparing for Tax Season in 2025 0:30 - About Towerpoint Wealth 0:50 - Overview of Key Tax Considerations 1:00 - Capital Gains Distributions What are capital gains distributions? How to avoid unexpected tax bills. 2:10 - Tax Cuts and Jobs Act Expiration (TCJA) Potential impacts of the 2025 TCJA sunset. Strategies to prepare for higher tax brackets and reduced deductions. 3:40 - Roth IRA Conversions Benefits of converting traditional IRAs to Roth IRAs. How to minimize tax impact with partial conversions. 5:10 - Estate Planning Implications of changes to the federal estate tax exemption. Strategies to protect wealth and minimize estate taxes. 6:30 - Tax-Loss Harvesting Offset gains with losses to reduce tax liability. Why a year-round approach to loss harvesting is critical. 7:50 - Asset Location Matching investments to the right accounts for tax efficiency. How to reduce the "tax drag" on your portfolio. 8:30 - Final Thoughts: Navigating Taxes in 2025 with Confidence 8:45 - Call to Action: Subscribe & Reach Out for Tailored Advice If you liked this video, please click the thumbs up and subscribe to our YouTube channel for more content like this. 🔔 Don’t forget to like, subscribe, and click the notification bell to stay updated on our latest videos about investing, minimizing taxes, retirement planning, and other essential financial topics.