Five Tax Moves To Make Before December 31 That Most People Miss Authored by Peter Daisyme via Due , Every January, I hear the same regret from friends and colleagues: "I wish I had known about that before the year ended." Tax planning has a hard deadline, and most of the best strategies expire on December 31 with no extensions, no exceptions, and no do-overs. Five Tax Moves to Make Before December...
Five Tax Moves To Make Before December 31 That Most People Miss Authored by Peter Daisyme via Due , Every January, I hear the same regret from friends and colleagues: "I wish I had known about that before the year ended." Tax planning has a hard deadline, and most of the best strategies expire on December 31 with no extensions, no exceptions, and no do-overs. Five Tax Moves to Make Before December 31; Image Credit: Pexels I used to be one of those people who did not think about taxes until I sat down with a stack of documents in February. Then I started working with an accountant who taught me that tax planning is a year-round activity , and the moves you make in the final months of the year often have the biggest impact. Last year, the five strategies below saved me a combined $4,800 in taxes. None of them was complicated. All of them required acting before the calendar flipped. Move One: Max Out Your Retirement Contributions This is the single most impactful tax move available to most workers, and millions of people leave money on the table every year. For 2026, the 401(k) contribution limit is $23,500, with an additional $7,500 catch-up contribution if you are 50 or older. Every dollar you contribute to a traditional 401(k) reduces your taxable income dollar for dollar. If you have not been maxing out, check your year-to-date contributions in November, and calculate how much room you have left. Many employers allow you to increase your contribution percentage mid-year, and some let you make additional lump-sum contributions in the final pay periods. At a 24 percent marginal tax rate, maxing out a 401(k) at $23,500 saves $5,640 in federal income tax alone. Add state taxes if applicable, and the savings can exceed $7,000. That is real money - not deferred or theoretical, but actual tax dollars you do not pay. If your employer offers a Roth 401(k) option , the contribution does not reduce current-year taxes but grows tax-free forever. The right choice depends on whe...
Apple shares fell 3.64% on June 9 after the company's annual Worldwide Developers Conference (WWDC) failed to deliver the major surprises some investors were hoping for. WWDC is Apple's important event of the year, where the company usually unveils updates to iOS, macOS, iPadOS, and other products. ...
Apple shares fell 3.64% on June 9 after the company's annual Worldwide Developers Conference (WWDC) failed to deliver the major surprises some investors were hoping for. WWDC is Apple's important event of the year, where the company usually unveils updates to iOS, macOS, iPadOS, and other products. ...
Hong Kong health authorities have identified at least five Mpox cases linked to a club offering “premier” gay sauna services in Mong Kok, with the venue temporarily closed amid ongoing epidemiological investigations. The Centre for Health Protection said the five cases, including two previously reported by mainland Chinese authorities, all engaged in “high-risk activities” with strangers at Hutong...
Hong Kong health authorities have identified at least five Mpox cases linked to a club offering “premier” gay sauna services in Mong Kok, with the venue temporarily closed amid ongoing epidemiological investigations. The Centre for Health Protection said the five cases, including two previously reported by mainland Chinese authorities, all engaged in “high-risk activities” with strangers at Hutong, a gay sauna and fitness club on Shanghai Street. The venue has been closed since May 26 as...
Hong Kong Financial Secretary Paul Chan said the city would attempt to “inspire the confidence” of Chinese authorities, after Beijing’s sweeping crackdown on illicit overseas investment cast a chill over banks in the city. His comments came weeks after Beijing moved against three popular brokers used by mainland Chinese citizens to invest overseas, threatening as much as HK$250 billion ($32 billio...
Hong Kong Financial Secretary Paul Chan said the city would attempt to “inspire the confidence” of Chinese authorities, after Beijing’s sweeping crackdown on illicit overseas investment cast a chill over banks in the city. His comments came weeks after Beijing moved against three popular brokers used by mainland Chinese citizens to invest overseas, threatening as much as HK$250 billion ($32 billion) of assets in the city, according to estimates by Citic Securities. That was part of a broad clampdown on illicit capital flows. Hong Kong has for years been a hotspot for mainland Chinese investors looking to park their money overseas, something that has buoyed the city’s wealth management sector and its banks. Chan said that Chinese officials are still supportive of Hong Kong, stressing the importance of the cross-border capital flows going through official channels. “I do think when we put this into the proper channel, we can inspire the confidence of the mainland authorities about the unwarranted leakage of foreign exchange reserve,” he said at the Bloomberg Invest conference in Hong Kong. “Then, with that trust, we can move forward on a more sustainable basis.” Read More: China Targets Offshore Billions in Biggest Crackdown in Decades Hong Kong has made a push under Chan’s watch to attract global businesses and executives. The government has cut red tape for family offices, embraced cryptocurrencies and proposed a tax exemption on so-called carried interest earned by hedge fund managers — meaning a big chunk of their annual compensation may soon be tax-free. But the escalating tax crackdown has cast a pall. Some banks in Hong Kong have already tightened their scrutiny of mainland clients opening savings and investment accounts in the city, placing a drag on one of their biggest client bases. “The central authorities are very supportive of Hong Kong,” said Chan. “They want Hong Kong to succeed as an international financial center.”
Fast Reading “静默‘离’职”描述的是，人还在岗位上，心却已经离开。员工不再追求超额完成任务，不再主动加班，只做分内之事，仅此而已。它包含四个维度：任务脱离、职业疏离、缺乏职场社交联系、边界设定。麦肯锡估算其成本可达大型企业工资总额的 4%。 年轻员工和新入职者是“静默‘离’职”的高风险群体。“静默‘离’职”与离职意向关系相对较弱，印证了其本质：一种“留下来但不投入”的策略。组织若只关...