{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"048: Your Ultimate Guide to 2023 Year-End Tax and Financial Planning","description":"As the calendar pages flip towards the imminent 2024, it\u2019s the perfect moment to execute those strategic financial maneuvers that will set the stage for a successful tax season and ensure you leave the year on a high note. If you\u2019ve been tuning in regularly, you already know we\u2019ve been through the year-end rodeo before, and for our newcomers, buckle up because we\u2019ve meticulously crafted a hit list that\u2019s bound to elevate your financial game. You\u2019ll want to act quickly; many must be completed by December 31st. In this info-packed episode, we\u2019re diving deep into the realm of tax arbitrage, Roth conversions, backdoor Roth contributions, and tax loss harvesting \u2013 all crucial moves in your financial playbook. Discover the secrets to maximizing your retirement contributions, unravel the mysteries of tax law changes that could reshape your financial landscape in 2024 and beyond, and stay ahead of the curve with essential deadlines that demand your attention. But wait, there\u2019s more! We\u2019ll uncover innovative ways to save through charitable donations, business and environmental investments, and exploring other financial gems that often slip through the cracks. When we proclaim that the time is now to whip your financial affairs into shape, we mean business! So, join us in this episode of A Place of Possibility as we discuss:  Required minimum distribution deadlines \u2013 this is important for our older followers! Tax benefits related to Qualified Charitable Distributions. How to lower your tax rate with specific retirement contributions \u2013 401(k) and 403(b) contributions must be made this year! The tax-free wonder known as Health Savings Accounts. Special money-saving tips for those who are self-employed. Why Medicare beneficiaries must be mindful of their monthly adjusted income (MAGI) to avoid paying thousands in extra taxes.  AND MORE! The countdown has begun, and we\u2019re here to ensure you usher in 2024 with financial confidence. Get ready for an episode that\u2019s not just informative but also transformative. Let\u2019s make it a year to remember together! ","author_name":"A Place of Possibility","author_url":"https:\/\/aplaceofpossibility.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/29109738\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/29109738"}