Slash Your 2024 Taxes: Expert Tips from Les and Alex Szarka

Join Les Szarka and Alex Szarka from Szarka Financial as they guide us through essential strategies to significantly reduce your taxes for 2024.
Discover how the increase in interest rates affects your tax obligations and learn actionable tips to prepare effectively for tax season, ensuring you're not caught off guard by large payments.
In this detailed session, the Szarkas discuss the impact of higher interest earnings on your taxes and share insights on utilizing tax-free bonds and deferred accounts to your advantage. They also cover the benefits of maximizing contributions to employer-sponsored plans like 401(k)s and IRAs, which can drastically lower your taxable income. Furthermore, explore the advantages of Health Savings Accounts (HSAs) for further tax relief.
Whether you're planning for retirement or seeking ways to optimize your financial strategy amidst rising rates, this video is packed with expert advice to help you manage and minimize your tax burden. Don't forget to like, comment, and subscribe for more financial wisdom from seasoned experts!
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Originally aired April 16, 2024.
Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Broker Dealer, member FINRA/SIPC. Advisory Services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and Szarka Financial are not affiliated. Fixed Insurance services offered through Szarka Financial.