I am by no means trying to sound like I know what you should do with your money by the end of the year, but I do know that Forbes is pretty knowledgeable about such things. For Will It Work Wednesday we’re talking about some end of the year money moves that you can make to save on your 2016 taxes!
These topics come from an article in Forbes Magazine by Lisa Rabasca Roepe, Next Avenue Contributor:
1. Maximize End-of-Year Retirement Contributions
2. Donate to Charities
3. Use Your Flexible Spending Account Medical Benefits
4. Make 529 Plan Contributions for Your Kids or Grandkids
5. Sell Losing Investments to Offset Capital Gains
6. Pay Tax-deductible Bills That Are Due in January
To find out how each of these can help you save money this year, read more here.