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11 Smart Year-End Tax Planning Tips for Your 2016 Return


Moves you make between now and the end of the year can have a significant effect on how much tax you have to pay next April, particularly when it comes to investments you might hold outside a retirement account.

The goal is to reduce your taxable income, or defer it to 2017 (when there's a solid chance that tax reform via Donald Trump and the Republican-controlled Congress will would produce lower rates).

But time is running short. Review our list and get cracking.

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