Tax planning
Year-End Tax Planning: Smart Moves Before December 31
By Erick Martinez · September 16, 2026 · 5 min read
Once the year ends, most chances to lower this year's taxes are gone. A quick review in the fall gives you time to act.
Moves to consider
Not every move fits everyone, but these are worth reviewing:
- Raise retirement contributions through work or an IRA
- Use health savings account (HSA) contributions if you qualify
- Bunch charitable gifts into one year
- Time business purchases and expenses
- Review investments for losses that could offset gains
- Update withholding if your income changed
Life changes matter
Marriage, a new baby, a new home, a new business or a job change can all affect your taxes. Year-end is the time to plan around them.
Make it a decision, not a surprise
A projection shows what you'll likely owe and what each move could save, so you can choose before the deadline passes.
This article is general information, not tax or legal advice for your situation.
Want help with this?
Erick works with clients in Cypress, TX and by virtual call, in English or Spanish.