The year is almost over, and what an interesting year it was. Of course, it felt like it was just yesterday we completed our taxes. Unfortunately, tax season is upon us and the taxman is already lying in wait to take your money. With that being said, the Wall Street Journal‘s MarketWatch released 11 tax-saving tips for the end of 2014:
1. College tuition deduction
2. Option to deduct state and local sales taxes instead of income taxes
3. Prepare for estate planning
4. Prepay college tuition
5. IRA donations for those 70.5
6. Donate appreciated stock
7. Gift to charity
8. Prepay state and local taxes
9. January house payment
10. Deduction medical expenses and miscellaneous items
11. Prepay deductible expenditures
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