Money Moves to Make Now to Reduce Next Year’s Tax Bill

In this podcast episode, listeners gain valuable insights into smart tax management strategies, especially for those with varying income levels and the complexities of inherited IRAs. Laura Saunders highlights the need for proactive planning to avoid penalties and maximize deductions, introducing techniques like “bunching.” She also discusses new regulations impacting inherited IRAs. Furthermore, the episode emphasizes the rising importance of home energy tax credits as a significant avenue for tax relief, showcasing how investments in renewable energy can lead to substantial savings.