Year-End Proactive Tax Planning for 2023 Workshop

Year-End Proactive Tax Planning for 2023 Workshop

This video covers tax planning vs tax preparation. 2023 IRS Income Tax Brackets. Itemized Deductions. Capital Gains Rates. Capital Loss Harvesting and Capital Gain Harvesting. Retirement Contribution plans such as IRA, ROTH IRA, 401k, SIMPLE IRA and SEP IRA limits. ROTH IRA conversions. Family Tax Bracket Management. 529 College Savings Plans. Annual Gifting Limits. Wealth Transfer Planning. Charitable Giving Planning. Qualified Charitable Distributions QCDs. Tax Cut and Jobs Act Sunset in 2025.