Can you really invest an hour today and find yourself $1,000 richer next year? Absolutely.
Take taxes, for instance. Much of what you can do to lower your tax bill has to be done before December 31. There are exceptions: For example, you can fund an IRA up until the day you file your taxes. But when it comes to things like batching or prepaying deductible expenses and using up your flexible spending account, once the year is over, so is your opportunity to lower your tax bill.
In this week's "Money" podcast, we're going to talk about a few things you should do before the year is out that can make next year less taxing, as well as other end-of-year planning tips and organizational tricks.
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