Perspectives: Navigating Tax Changes and Opportunities Before Year-End

In this Perspectives episode of Money & Meaning, host Jeff Bernier explores key year-end tax planning strategies shaped by recent legislation. He breaks down thresholds, deductions, and opportunities to optimize charitable giving—particularly through donor-advised funds and gifting appreciated securities. Jeff also covers how Roth conversions and qualified charitable distributions can be integrated into a comprehensive strategy aligned with both financial goals and personal values.

 

Topics covered:

• Overview of the “One Big Beautiful Bill Act” and its impact on taxpayers
• Importance of year-end tax planning under new legislation
• Higher standard deduction and changes to itemized deductions
• Adjusted income thresholds that affect Medicare premiums and deductions
• Expansion and phase-out of SALT (State and Local Tax) deductions
• Charitable gifting strategies using appreciated securities
• Tax benefits of donor-advised funds for bunching donations
• Qualified charitable distributions (QCDs) from IRAs for those over 73
• Using Roth conversions in coordination with deduction strategies
• Practical next steps for assessing your 2025 tax picture

Useful Links:

•  Jeff Bernier on LinkedIn
•  TandemGrowth Financial Advisors

Disclosures: This podcast is for informational purposes only and should not be considered tax or legal advice. Please consult your tax advisor for personalized guidance.