{"id":39530,"date":"2025-12-24T13:27:00","date_gmt":"2025-12-24T13:27:00","guid":{"rendered":"https:\/\/financialrush.com\/?p=39530"},"modified":"2025-12-24T13:27:00","modified_gmt":"2025-12-24T13:27:00","slug":"heres-what-you-still-have-time-to-do","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=39530","title":{"rendered":"Here’s what you still have time to do"},"content":{"rendered":"

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Aire Images | Moment | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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As the calendar winds down, there is still time for certain year-end tax moves<\/a> \u2014 but investors need to act quickly, experts say. <\/p>\n

With the tax season fast approaching<\/a>, these tactics could boost your refund<\/a> or reduce taxes owed, depending on how much you’ve already paid. <\/p>\n

However, most planning moves must be done by Dec. 31 to count for 2025. Some exceptions include pre-tax individual retirement account<\/a> or health savings account<\/a> contributions, which can be made by the tax deadline in 2026.\u00a0\u00a0<\/p>\n

Keep in mind, timing could be tricky with a shortened trading day on Christmas Eve, the major exchanges closed on Christmas Day and holiday hours for some financial firms. <\/p>\n<\/div>\n

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More from Fixed Income Strategies:<\/h2>\n
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Stories for investors who are retired or are approaching retirement, and are interested in creating and managing a steady stream of income:<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Many taxpayers could see bigger tax refunds in 2026 due to 2025 changes made via President\u00a0Donald Trump<\/a>‘s “big beautiful bill.”<\/a> The IRS did not update withholding tables<\/a> for employers after the law was enacted, and many workers could see the benefit at tax time, experts say. <\/p>\n

With limited time left until Dec. 31, here are a few last-minute tax strategies to consider, according to financial experts. <\/p>\n<\/div>\n

Tax loss or gain harvesting<\/h2>\n
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One popular year-end move is tax-loss harvesting<\/a>, or selling losing brokerage account assets to offset portfolio gains on your tax return. If investing losses exceed profits, you can use the excess to reduce regular income by up to $3,000 per year.\u00a0<\/p>\n

However, with the S&P 500<\/a>