07/13/2026
☀️ Summer is a good time to see whether your income, deductions and investment activity are lining up as expected.
Reviewing your tax picture now gives you more time to take steps to reduce or defer taxes. For example, if you expect this year’s income to be near the threshold for a higher bracket, consider strategies for reducing your taxable income to stay out of that bracket. If you’ve realized, or expect to realize, significant capital gains this year, consider selling some depreciated investments to generate losses you can use to offset those gains.
If you’d like help evaluating these and other midyear tax strategies, please contact us.