Tax planning is always an important part of anyone's overall financial wellbeing. But as we move into the end of the 2021, many popular tax planning strategies may be going away. With the potential for new tax law changes in 2022, it's critical to take advantage of any opportunities that may be available through the end of this year.
In this video we explore 3 you may want to look into further.
We talk about the importance of harvesting losses in your cryptocurrency. Taking advantage of mega backdoor Roth conversions. And finally we shed light on the tax form 8606 and why it may be important to address before the end of the year.