You should also max out your tax-deductible retirement savings and contribution. Make dailyfashionstudy daily fashion study Website daily fashion study com sure you are making charitable contributions to make the most of their tax deduction, whether you itemize or not.

 If you are considering investing in mutual funds before the end of the year make sure you know when it is paying its capital gain distribution. It’s not wise to pay taxes on gains you didn’t really appreciate. –Read more