Have you sold a home? Have you changed jobs? Have you inherited assets? Is your W2 income much higher or lower than normal? Do you have rental property with any significant changes in income? Is your business enjoying an increase in income?
These are just a few of the questions that may create tax challenges for you. If you have had any significant changes in your life in 2023 or had to pay a large amount in 2022 and are wanting ideas on how to lower your taxable income, let us know as soon as possible so we can help determine if there are steps you can take to lower your potential tax liability.
