21 Strategic Year End Tax Moves | Episode 12

Complete Wealth Management With Dave Alison

Welcome to The Complete Wealth Management's podcast, where tax experts and Certified Financial Planners Dave Alison, Conrad Levesque and David Roth unpack "21 Strategic Year-End Tax Moves" for to help build your wealth. Join us as we navigate key actions to optimize your tax situation before the year concludes.

👉 Maximize retirement contributions, seize Roth IRA opportunities, and leverage triple tax benefits with HSA contributions.
👉 Explore opportunities like the Mega Backdoor Roth and strategic stock sales.
👉 Consider charitable giving optimization and explore tax-efficient gifting.
👉 Ensure property tax deductions, cost segregation for property owners, and explore Qualified Opportunity Zones.

👉 Fine-tune your withholdings, evaluate stock options, and review paycheck withholdings.
Whether it's tax loss harvesting, maximizing 529 plans, or prepaying property taxes, we've got you covered.
Tune in for a concise guide to make the most of your financial resources before year-end!
For more episodes of our podcast, visit:
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To learn more about Alison Wealth Management, please visit our website at: https://alisonwealth.com
The information provided in this presentation is not intended to be individual investment advice or legal advice. The information provided is for informational and training purposes only.
Investment advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). For a detailed discussion of PCA and its investment advisory fees, see the firm’s Form ADV and Form CRS on file with the SEC at www.adviserinfo.sec.gov. The views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.
Advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). Views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.
All data provided, including any reference to specific securities or sectors, is provided for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation, or recommendation to purchase any security. Consider your investment objectives, risks, charges and expenses before investing. These views are as of the date of this publication and are subject to change. Past performance is no guarantee of future performance.

Chapters

1. Opening (00:00:00)

2. Year End Max Out of Retirement Accounts (00:03:16)

3. Retirement Accounts For Self Employed (00:05:00)

4. Maximize Employee Benefits (00:06:06)

5. Health Savings Account (HSA) (00:06:32)

6. Flexible Spending Account (FSA) & Dependent Care FSA (00:08:30)

7. Roth IRA & Back Door Roth IRA (00:09:40)

8. Spousal IRAs (00:12:43)

9. Educational 529 Accounts (00:13:57)

10. Tax Wise Investment Moves (00:16:59)

11. Tax Gain Harvesting & Basis Management (00:23:23)

12. ESPP - Employee Stock Purchase Plans (00:30:37)

13. Roth Conversions (00:34:40)

14. Stock Options (00:36:45)

15. Estimated Tax Planning (00:39:19)

16. Pass Through Entity Tax (PTET) Benefit (00:42:34)

17. Mega Back Door Roth 401k (00:44:29)

18. Charitable Giving - Cash, Appreciated Stocks & Donor Advised Funds (00:45:07)

19. Cost Segregation For Real Estate & Accelerated Depreciation (00:47:17)

20. Qualified Opportunity Zones (QOZs) (00:49:21)

21. State & Local Tax Deduction (00:49:51)

22. Gifting To Family (00:50:27)

23. Required Minimum Distributions (RMDs) and Qualified Charitable Distributions (QCD) (00:51:14)