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10 Strategies for Tax Savings Prior to Year-End

Nobody likes paying taxes, and there are easy ways you can lower your tax bill before the end of the year! Learn more here: 0:00 - How to save on taxes 0:46 - Max out your 401k contribution 1:35 - Max out your Traditional IRA 1:59 - Max out your SEP IRA or Solo 401k 2:21 - Max out your HSA 3:06 - Contribute to a 529 college savings plan 3:52 - Make energy efficient home improvements 4:26 - Maximize work related expenses 5:14 - Donate to your charity 5:48 - Sell your loser stocks 6:11 - Wait to rebalance your portfolio 6:36 - How to be strategic with your tax savings Here's what we're talking about ▶︎ Strategies to save on taxes ▶︎ Different accounts you can use to pay yourself instead of the IRS ▶︎ How to accurately claim expenses ▶︎ Last-minute tax moves ★☆★Resources Mentioned in this video:★☆★ 💵 IRA Contribution Limits: 💵 401k Contribution Limits: 💵 H&R Block: ★☆★ Want More From The College Investor? ★☆★ 💻 Check out the website here: .

Beginner's Guide to Simplified Backdoor Roth IRA in 2023.

#rothira #backdoorroth #tdameritrade #finance The Backdoor Roth allows high income earners to still contribute to the Roth IRA! Follow these 3 steps! 00:00 Intro 00:51 What is a Backdoor Roth? 01:59 Who should do the Backdoor Roth? 02:43 Pro Rata Rule 04:40 Step by Step Guide to do the Backdoor Roth 07:08 Deadline How to Fill out Form 8606: Late Contribution: (Not affiliated with WhiteCoatInvestor) For business inquiries: everydayjanofficial@gmail.com Disclaimer: This video is for educational and entertainment purposes only. This is not financial or medical advice. Do your own research before making financial or medical decisions.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA As of 2023, the Backdoor Roth IRA is one of the most popular investment strategies for individuals looking to save for their retirement. However, it can b

Solo 401k: The Biggest Tax-Saver | Royal Legal

Pete Schindele - Solo 401k: The Biggest Tax-Saver ROYAL LEGAL SOLUTIONS Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth. **************************************************************************** MEET THE HOST Pete Schindele, CFO, CPA, Royal Legal Solutions. Pete is from Boise, Idaho, where he attended the University of Idaho and earned a Bachelor of Science in Business, majoring in Accounting and Finance. Pete has been a licensed CPA in the Sta