Understanding tax strategies and managing your tax bill should be part of any sound financial approach. Some taxes can be deferred, and others can be managed through tax-efficient investing. With careful and consistent preparation, you may be able to manage the impact of taxes on your financial efforts.
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A quick look at how federal income taxes work.
An inside look at how marginal income tax brackets work.
You may have heard the phrase "tax-loss harvesting." A financial professional may be able to provide some guidance.
Check out this handy reference of updated ranges from the IRS in case your designated bracket has changed.