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1. Sell loss making stocks to manage capital gains.
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2. It is mandatory to double check your salary for tax withholding.
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3. Try to maximize your retirement account contributions.
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4. Be sure to check your minimum distributions from required retirement accounts.
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5. Consider postponing bonuses and payments until the end of the year.
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6. Add up all the medical expenses incurred during the year.
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7. Create a strategic budgeting strategy for business expenses
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Next steps