Tax & Financial Planning

Tax & Financial Planning

5 Tax Planning Strategies for 2026 (Cut Your Bill Before Year-End)

Quick Answer: The five best tax planning strategies for 2026 are: maxing retirement contributions, timing income and deductions, using your HSA as a stealth tax account, harvesting investment losses, and adjusting withholding or quarterly payments now. Start in April—not December—and you can realistically cut your bill by $2,

Tax & Financial Planning

Best Retirement Plans for Self-Employed People in 2026 (5 Options That Cut Your Tax Bill)

Self-employed people in 2026 have five main retirement plan options: SEP-IRA (up to $72,000), Solo 401(k) (up to $70,000 combined), SIMPLE IRA (up to $16,500), Defined Benefit Plan (potentially $275,000+), and Roth IRA (up to $7,000). Each one reduces your taxable income — some dramatically.