4 Tips to Help Reduce Your 2017 Tax Exposure

Image reads: 4 Year-End Tax Moves. These tips can unlock potential opportunities to help reduce your 2017 tax exposure. 1. Meet with your wealth planning and tax advisors to understand the latest changes, review your situation, and map out any actions to take by year-end (or in 2018). 2. Plot out income. Determine if you should take steps such as deferring income recognition, accelerating deductions, or preparing for year-end mutual fund distributions. 3. Review your retirement plan accounts and distribution strategy, especially if you are a small business owner or are self-employed, and make adjustments as needed. 4. Give, if appropriate. Discuss how gifts to family and donations to charity fit into your wealth strategy.

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From wealth strategies to real estate decisions, Wells Fargo Conversations content offers perspective to help as you manage your assets.

Wells Fargo Wealth Planning Center, part of Wells Fargo Private Bank, provides wealth and financial planning services through Wells Fargo Bank, N.A. and its various affiliates and subsidiaries.

Wells Fargo & Company and its affiliates do not provide legal advice. Wells Fargo Advisors is not a tax or legal advisor. Please consult your tax or legal advisors to determine how this information may apply to your own situation.

This information is provided for educational and illustrative purposes only.

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