Eye On Money November/December 2023

We invite you to check out the new issue of Eye On Money! Inside are articles on:

Tips to help you trim your 2023 taxes. You may be able to reduce your 2023 taxes if you act soon. Several year-end tax tips and strategies for individuals are presented here. For specific advice, please consult us before the end of the year.

How to prepare financially for unexpected events. There are steps you can take before unexpected events (job loss, medical emergency, etc.) happen that can help minimize their impact on your finances. This article looks at three of them.

The new clean vehicle tax credit. You may be eligible to claim up to a $7,500 federal tax credit for purchasing a new electric or plug-in hybrid vehicle. Here are six things to know about this newly revamped tax credit.

Also in this issue, you can learn about avoiding wash sales and gain a basic understanding of capital gains and losses and their impact on your taxes. Plus, you can take an armchair tour of Malaysia—from its modern cities to its lush rainforests and tropical beaches. And you can test your knowledge of world geography and discover an array of special exhibitions that await you at art museums this winter.

Please let us know if you have questions about anything in Eye On Money.

Click here to read more.

Robert J. Pyle, CFP®, CFA, AEP® founded Diversified Asset Management, Inc., in 1996 to provide personalized, comprehensive wealth management services to successful individuals, families, single women, and business owners. His specialty is addressing the complex financial needs of self-employed professionals, corporate executives, and small-business owners. Our disclosure can be found here. The views, opinion, information, and content provided here are solely those of the respective authors, and may not represent the views or opinions of Diversified Asset Management, Inc. Diversified Asset Management, Inc. cannot guarantee the accuracy or currency of any such third party information or content, and does not undertake to verify or update such information or content. Any such information or other content should not be construed as investment, legal, accounting, or tax advice.