Business
With just a few weeks left in 2020, time is running out on some of the strategies you have for lowering your tax bill for this year. As we like to say, the Tax Code taketh and giveth, so let's examine how to build your Tax Fortress – that monument to tax efficiency and only paying what you must. In this episode, we share simple steps you can take now to lower taxes on your investment accounts, how to take advantage of lower tax rates we are enjoying right now, and two key tax traps you need to know so you can try to avoid them.