October 31, 2023: Year-End Tax Planning, Unclaimed Property, Hot Seat
Year-End Tax Planning 2023 is coming to a close and December 31st will be here before you know it. That means it’s a good time to make sure all your year-end tax items are in order. Our good friend Sean Mullaney, the FI Tax Guy, put out an updated ‘2023 Year-End Tax Planning’ article with all the deadlines and considerations you need to be aware of for both 12/31 and future deadlines for tax year 2023. Everything in the article won’t be applicable to you, but I got great value out of scanning the article to make sure I had everything covered while I still had time to make changes. Unclaimed Property: Do You Have Free Money? There are tens of billions of dollars of unclaimed money sitting with state treasury departments that actually belongs to us citizens, but we haven’t yet claimed it. I found this great article from Forbes with a state-by-state listing of “Unclaimed Property Websites by State” so just click on your state on the map near the top of the article and check if there’s money that’s rightfully yours that you just haven’t claimed! I posted something similar in the newsletter a few years back