10 Tax Moves You Need To Make Before December (DO THIS NOW)

Want to learn how to legally reduce your tax bill? Schedule your FREE tax strategy session today: https://aba.link/zqjj If you're a business owner, real estate investor, or high-income earner, you could be missing out on thousands of dollars in tax deductions simply because you didn't make the right moves before December 31, 2026. In this video, Anderson attorney and tax expert Toby Mathis, Esq. sits down with tax attorney Eliot Thomas to reveal 11 powerful year-end tax strategies that could help you legally reduce your 2026 tax bill, maximize deductions, and keep more of your hard-earned money. The biggest mistake taxpayers make is waiting until tax season to start planning. Many valuable tax-saving opportunities require action before the end of the year, and once the deadline passes, those deductions could be lost. WATCH NEXT 👉 How To Start An LLC For Rental Properties (And Reduce Taxes!) https://www.youtube.com/watch?v=VpKdeUh_lTc Chapters: 0:00 Intro 1:19 Pay Your Children Through Your Business 2:49 Charitable Donations & Tax Deductions 4:18 Pass-Through Entity Tax Strategies 6:45 The 20% Qualified Business Income Deduction 8:54 100% Bonus Depreciation vs. Section 179 11:45 Tax-Loss Harvesting & Capital Gains 14:44 Business Reimbursements & Tax Savings 16:09 Maximize Your Retirement Contributions 17:56 Short-Term Rental Loophole Explained 21:00 S Corporation Election Before Year-End 23:29 Oil & Gas Investments to Offset W-2 Income 26:53 Don't Miss These Year-End Tax Deductions --------------------------------------------------------------------------------------------------------- Register for a FREE upcoming workshop today if you want to protect your business and personal assets from creditors. Save Your Seat: https://aba.link/zu9n TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/tobytaxtues ~~~~ CONTACT US Phone: 800.706.4741 Email: i