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Tax planning 2011: Smart moves to make now

Make these tax moves now
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Make these tax moves now

The year is winding down, and before long you'll find yourself caught up in holiday festivities. But before you start having too much fun, take some time to evaluate your tax situation for 2011.

No, dealing with your taxes is not as much fun as, well, just about anything else. It can, however, be more lucrative.

You can do several things in the final days of the year to reduce what you might owe the Internal Revenue Service when you file your tax return next year.

So, in between all those seasonal events, pencil in some year-end tax-planning time. We'll even get you started. The following slides offer 10 tax moves to make by Dec. 31.

You'll be glad you did. The tax savings could be the best gift you get this year.


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