As the year winds down, now’s the time to double-check your tax situation. The new One Big Beautiful Bill Act (OBBBA) has added deductions and credits that could save you money if you plan ahead.
Our 2025 Individual Year-End Tax Checklist walks you through the most important actions to take including evaluating deductions, maximizing retirement contributions, and leveraging new opportunities under the OBBBA.
Why It Matters
The 2025 tax year includes some of the most significant changes in individual tax planning in recent years. With permanent changes to deductions, expanded credits, and new income-based limitations, year-end planning is essential.
Proactively reviewing strategy can help you protect your cash flow, reduce unnecessary tax exposure, and position yourself for smarter long-term planning. The greatest savings often come from decisions made before December 31.
In Your Corner
Year-end tax planning creates both opportunities and complexities. Careful review of deductions, credits, and income strategies can make a meaningful difference in your 2025 tax outcome. Partnering with an experienced advisor is essential. Learn more about how LGA’s Family, Estate, and Financial tax group can help you build a thoughtful, flexible plan. Contact your LGA advisor today to review your 2025 year-end strategy. These checklists are a starting point. Every tax situation is unique, so it’s best to review with us or your CPA before making final decisions. Explore LGA’s Client Resources to access guides, forms, and instructions that help you stay ahead.
