With the end of 2011 closing in, now is a good time to make a few smart moves to reduce your tax bill. Some tax breaks are scheduled to expire this year.
Other tax credits will be around awhile longer, but it might make sense to claim them this year.
“This is the time to get organized and make sure you have the right expertise,” says Elaine King, president and chair of the Financial Planning Association of Miami-Dade and managing director of Lubitz Financial Group in Miami. King and several other Florida financial experts share tax moves to make before the end of the year.