Double-dipping encouraged

Some tax incentives reward expenditures in certain tax-favored categories of expenses or investments. Even greater tax efficiency results when you combine tax strategies: Use the savings from one tax strategy to implement the second tax-savings strategy.

The time is now to strategically plan to stop wasting money on taxes you are not required to pay. Most changes need to be in place by December 31 to reduce your current year taxes, and sooner implementation results in greater savings, so act now!