PROACTIVE YEAR-END TAX PLANNING FOR 2026 AND BEYOND
ONE OF OUR MAIN GOALS AS HOLISTIC FINANCIAL PROFESSIONALS is to help our clients recognize tax reduction opportunities within their investment portfolios and overall financial planning strategies. Staying current with the ever-changing tax environment is a key component to helping our clients benefit from potential tax reduction strategies. The One Big Beautiful Bill Act (OBBBA), enacted in 2025, made permanent many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) and introduced additional changes that are now in effect. This report focuses on information that may be helpful to individuals planning for the 2026 calendar year.
As financial professionals, we want to be proactive. The primary objective of this report is to share strategies that could be effective if considered and implemented before yearend. Please note that this report is not a substitute for using a tax professional. In addition, many states do not follow the same rules and computations as the federal income tax rules. As always, please make sure you check and coordinate with your tax preparer on your personal situation to see what tax rates and rules apply to your federal and state tax returns.
