Fund retirement accounts. Give to charity. Harvest losses. Get energy efficient. Here are some strategies to shrink your taxes for 2023–and beyond.
With only a couple of weeks until the end of the tax year, your options for making a big dent in your 2023 tax bill are limited. But there are still some smart moves that can shrink your tax bill for this and future years.
Fund Your Nest Egg
Funding retirement accounts can help defer taxable income and grow your nest egg. Fortunately, in most cases, you have a little breathing room here since deadlines for some accounts are extended until Tax Day.
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