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Maximize Year-End Tax Strategies Before December 31

12/24/2025

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Summary

Story summary

Investors should act by December 31 to optimize their tax strategies.
Tax-loss harvesting is recommended to offset gains, though many may lack losses in a strong market.
Entrepreneurs in high-tax states should reassess state and local tax deductions, with a SALT deduction up to $40,000 in 2025.
Reviewing business structures and bonus depreciation can yield savings.
Entrepreneurs should consult tax advisors to maximize benefits from recent tax law changes.

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Story summary

Investors should act by December 31 to optimize their tax strategies.
Tax-loss harvesting is recommended to offset gains, though many may lack losses in a strong market.
Entrepreneurs in high-tax states should reassess state and local tax deductions, with a SALT deduction up to $40,000 in 2025.
Reviewing business structures and bonus depreciation can yield savings.
Entrepreneurs should consult tax advisors to maximize benefits from recent tax law changes.