Put Your Kids on the PayrollIf your kids helped out on the job site or in the office, pay them a real wage (W-2) for their work.

You get a deduction for the wages.

Kids under 18 pay no payroll tax if you’re a sole prop or partnership.

They can earn up to $15,750 tax-free in 2025, and even fund a Roth IRA with part of it.That’s a win for your business and your family’s long-term wealth.

Thinking About Divorce? Timing Matters.If you’re still married on December 31, the IRS treats you as married for the entire year. Sometimes it pays to hold off until January to finalize. A quick “before and after” tax comparison can show which side of the calendar saves you more.

Staying Single Can Mean Bigger Mortgage DeductionsTwo unmarried co-owners can deduct more interest than a married couple. For older mortgages (pre-2017), the cap doubles from $1M to $2M if you stay unmarried. Weird but true.

Getting Married? Do It Before December 31.Flip side, if you plan to tie the knot soon, marrying before year-end can lock in 2025 tax benefits. Again, run the numbers both ways. Sometimes saying “I do” before the ball drops is worth thousands.

Give Smart — Not Just GenerouslyIf you’re helping out parents or relatives, consider gifting appreciated stock instead of cash.If they’re in the 0% capital gains bracket, they can sell it and pay zero tax on the gain.

Book a time for a free tax strategy session: https://accountingsolutionsllp.com/appointment/