Wealthy Americans are focusing on tax planning for a prosperous 2026, while poor and middle-class individuals worry about upcoming holiday expenses. Year-end money moves suggested by experts can benefit all investors and retirement planners. President Trump’s tax provisions are extending into 2026, affecting high-income earners most. Strategies like tax-loss harvesting and maximizing contributions to retirement accounts can optimize after-tax outcomes. Philanthropy can also play a role in tax planning for wealthy individuals, along with reviewing deductions for business owners and real estate investors. Communication with financial advisors is key for effective financial planning.

Read more at Yahoo Finance: 6 Money Moves Wealthy People Always Make Before New Year’s