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Client Update Newsletter: November 2023

This month's newsletter outlines Social Security’s cost-of-living adjustment for 2024, plus some basic information on how Social Security works. And there is still time to take action to reduce this year's tax bill. Please review the tax planning articles to bring some ideas top of mind for yourself and your business.

With the holidays approaching now is a great time to review five great money saving tips plus there is a great article for anyone considering the use of bartering.

Please feel free to forward this newsletter to someone who may be interested in a topic and call with any questions you may have.

Contents

Tax Planning: Now More Important Than Ever

Thankfully it’s not too late to try and minimize your taxes for 2023. If you haven’t scheduled a tax planning session, now is a great time to do so. Here's how a tax planning session can potentially help your situation:



2024 Social Security Changes

Social Security Adjustments Revealed for 2024 image


Year-End Tax Planning Tips for Your Business

YearEnd Tax Planning Tips for Your Business imageAs 2023 winds down, here are some ideas to help you prepare for filing your upcoming tax return:


Spend Less with These 5 Money Tips

Spend Less with These 5 Money Tips imageGovernment data shows that record inflation from the last few years started to slow down throughout 2023, but much of the damage has already been done. Every bill we pay and purchase we make costs more now, from insurance to clothing, and groceries to household supplies. Here are some tips to spend less to help offset the effect from these now permanently higher prices.

The cost of everything may have skyrocketed, but you still have at least some control over where your money goes each month. Consider these steps to cut your spending, and you may be surprised at how much you save.



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