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Trending Topics – 2/14

In any new year, most people gather their paperwork and file their taxes, then forget about it until the next tax season. While you get organized, consider whether you have opportunities to lower the taxes you will pay next year.
By MSA Staff

Last updated 2/20/23

MSA Money Coaches provide thousands of financial consultations each month to members from all different walks of life. Our Trending Topics segment is compiled from current financial news and an analysis of the needs and goals represented by our members each month.

In any new year, most people gather their paperwork and file their taxes, then forget about it until the next tax season. While you get organized, consider whether you have opportunities to lower the taxes you will pay next year. In this Trending Topics segment, Money Coaches discuss a few strategies for how you might do this. They will also talk about how the Inflation Reduction Act of 2022 might provide some tax credits to help toward this goal.

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Information provided in this post is for informational purposes only and is not intended to offer specific personalized investment, financial planning, tax, legal, or accounting advice. We recommend that you consult an attorney, tax advisor, or accountant regarding your unique circumstances.

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