Turning your tax situation from an ugh into a hug

As the often-dreaded tax season approaches, I’m going to give a gentle reminder to think about those year-end plans. Yes, those 2025 plans. I know, I can practically hear the “ugh” as you’re reading, but seriously, yes, planning now will allow people to reap tax rewards a year from now.

In full disclosure, I do not have any kind of crystal ball; however, with the Federal Reserve halting its interest rate hikes, possibly making several decreases by summer, and the stock market doing a bit of a happy dance for the first three months of this year, you can take advantage of a good situation.

Let’s...