06/18/2026
Midyear can be a good time to pause and check in on a few aspects of your taxes to make sure you're well-positioned when the end of the year rolls around.
*Consider if you've experienced any changes to your situation that would require you to update your W-4, or if you had too little or too much tax withheld last year.
*If you normally take the standard deduction but you may itemize this year, then make a plan for tracking deductions and consider a "bunching" strategy for charitable donations.
*Tax-loss harvesting, increasing contributions to pre-tax accounts, and Roth conversions are other tax strategies to consider for this year.
