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End of Year Checklist for Your Taxes, Points and Miles

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Manage episode 523545509 series 2903767
Content provided by Chris Hutchins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Hutchins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

#257: We break down essential tax and financial decisions to make before year-end. Learn how to maximize deductions, optimize charitable giving, manage investment gains and losses, and take advantage of retirement and home-improvement credits. We also run through all the credit card, points and miles deadlines to hit before 12/31.

Link to Full Show Notes: https://chrishutchins.com/end-of-year-financial-checklist-2025

Partner Deals

Vuori: 20% off the most comfortable performance apparel I've ever worn

MasterClass: Learn from the world's best with 15% off

Aura Frames: $35 off the best digital frames with code ALLTHEHACKS

DeleteMe: 20% off removing your personal info from the web

Fabric: Affordable term life insurance for you and your family

Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth

Daffy: Free $25 to give to the charity of your choice

For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals

Resources Mentioned

Chris' End of Year Checklist for Taxes, Points & Miles

Carry Solo 401k

Kick (20% off your first year of bookkeeping with code CHRIS20)

Invest America Kids Savings & Investment Accounts

Hotel Mattress Run

CardPointers Pro (50% off here)

Use Your Credits

ATH Podcast

Full Show Notes

(00:00) Introduction

(01:03) Standard Deduction vs. Itemizing

(03:02) The New SALT Cap & Property Tax Strategy

(05:02) Pass-Through Entity Taxes for Business Owners

(06:07) Smart Charitable Giving Strategies

(07:07) Donating Appreciated Assets

(09:18) Using Donor-Advised Funds (DAFs)

(14:16) Why 25-26 Changes Matter for Charitable Giving

(16:14) New Car Loan Interest Deduction

(18:19) Deduction for Qualified Tips & Overtime

(18:34) New Senior Deduction

(19:12) Shifting Income to Optimize Your Tax Bracket

(20:48) Capital Gains: Loss & Gain Harvesting

(22:02) Understanding the Wash Sale Rule

(25:11) Advanced Tax Moves to Ask Your CPA

(25:42) Key Retirement Deadlines & Contribution Limits

(31:01) Roth IRA & Traditional IRA Rules

(34:18) Backdoor & Mega Backdoor Roth Contributions

(35:18) ISOs & Alternative Minimum Tax

(36:16) FSA Essentials: Use It or Lose It

(38:57) HSA Strategy & Triple-Tax Advantage

(42:13) Home Efficiency & Solar Credits for 2025

(43:14) 529 Plans, Gifting Rules & Education Savings

(47:37) The New “Trump Account” for Kids

(48:14) Funding a Child’s Roth IRA Through Earned Income

(50:29) EOY Tax Moves for Business Owners

(55:51) EOY Checklist for Points & Miles

(01:00:32) Credit Card Annual Credits & Benefit Resets

(01:03:57) Calendar-Year Credits to Use Before January

(01:14:55) Final EOY Checks for Airlines, Hotels & Credit Cards

Connect with Chris

Newsletter | Membership | X | Instagram | LinkedIn

Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

258 episodes

Artwork
iconShare
 
Manage episode 523545509 series 2903767
Content provided by Chris Hutchins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Hutchins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

#257: We break down essential tax and financial decisions to make before year-end. Learn how to maximize deductions, optimize charitable giving, manage investment gains and losses, and take advantage of retirement and home-improvement credits. We also run through all the credit card, points and miles deadlines to hit before 12/31.

Link to Full Show Notes: https://chrishutchins.com/end-of-year-financial-checklist-2025

Partner Deals

Vuori: 20% off the most comfortable performance apparel I've ever worn

MasterClass: Learn from the world's best with 15% off

Aura Frames: $35 off the best digital frames with code ALLTHEHACKS

DeleteMe: 20% off removing your personal info from the web

Fabric: Affordable term life insurance for you and your family

Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth

Daffy: Free $25 to give to the charity of your choice

For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals

Resources Mentioned

Chris' End of Year Checklist for Taxes, Points & Miles

Carry Solo 401k

Kick (20% off your first year of bookkeeping with code CHRIS20)

Invest America Kids Savings & Investment Accounts

Hotel Mattress Run

CardPointers Pro (50% off here)

Use Your Credits

ATH Podcast

Full Show Notes

(00:00) Introduction

(01:03) Standard Deduction vs. Itemizing

(03:02) The New SALT Cap & Property Tax Strategy

(05:02) Pass-Through Entity Taxes for Business Owners

(06:07) Smart Charitable Giving Strategies

(07:07) Donating Appreciated Assets

(09:18) Using Donor-Advised Funds (DAFs)

(14:16) Why 25-26 Changes Matter for Charitable Giving

(16:14) New Car Loan Interest Deduction

(18:19) Deduction for Qualified Tips & Overtime

(18:34) New Senior Deduction

(19:12) Shifting Income to Optimize Your Tax Bracket

(20:48) Capital Gains: Loss & Gain Harvesting

(22:02) Understanding the Wash Sale Rule

(25:11) Advanced Tax Moves to Ask Your CPA

(25:42) Key Retirement Deadlines & Contribution Limits

(31:01) Roth IRA & Traditional IRA Rules

(34:18) Backdoor & Mega Backdoor Roth Contributions

(35:18) ISOs & Alternative Minimum Tax

(36:16) FSA Essentials: Use It or Lose It

(38:57) HSA Strategy & Triple-Tax Advantage

(42:13) Home Efficiency & Solar Credits for 2025

(43:14) 529 Plans, Gifting Rules & Education Savings

(47:37) The New “Trump Account” for Kids

(48:14) Funding a Child’s Roth IRA Through Earned Income

(50:29) EOY Tax Moves for Business Owners

(55:51) EOY Checklist for Points & Miles

(01:00:32) Credit Card Annual Credits & Benefit Resets

(01:03:57) Calendar-Year Credits to Use Before January

(01:14:55) Final EOY Checks for Airlines, Hotels & Credit Cards

Connect with Chris

Newsletter | Membership | X | Instagram | LinkedIn

Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

258 episodes

All episodes

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