Moneywise On Oneplace.com

Did you hear about the guy who paid his taxes to the IRS with a smile? It didn’t work out, though—it turns out they prefer money.Well, paying taxes is certainly no laughing matter, and we don’t want to miss something that could end up costing us money. Fortunately, Kevin Cross is here today with a list of year-end tax tips you don’t want to miss.Kevin Cross is a Certified Public Accountant (CPA) who has headed CPA firms in Florida and now Georgia. He has studied the tax code extensively and specializes in representing taxpayers before the IRS. 2024 Year-End Tax StrategiesAs the end of 2024 draws near, these are some critical financial moves that can help you maximize your tax savings: 1. Review Withholding and Estimated PaymentsThe first step in year-end tax prep is to check how much you’ve paid in taxes this year. Avoid underpaying (which leads to penalties) or overpaying (which gives the government an interest-free loan on your money). For those behind on withholding, consider adjusting your remaining paych