3 Tax Moves to Make Before Year-End for Bigger Deductions
Investopedia·2025-12-02 01:00

Close KEY TAKEAWAYS From paying more state and local taxes this year to moving holiday charity gifts to 2026 and making clean energy improvements to your home, here is what taxpayers need to do before the year ends to take advantage of changing tax breaks. The "One Big, Beautiful Bill" Act introduced several significant changes to tax credits and deductions for the 2025 tax year and subsequent years. Some will retroactively impact 2025 taxes, while others will take effect in 2026. However, tax experts say t ...