Category Archives: Taxes

Charitable Giving Strategies to Maximize Tax Benefits Before Year-End

With proper planning, charitable contributions can both reflect your values and provide meaningful tax advantages.

As the year winds down, many individuals begin thinking about charitable giving. For some, it’s an opportunity to support meaningful causes and make an impact in the community. For others, it’s also a strategic way to manage taxes before December 31. With proper planning, charitable contributions can both reflect your values and provide meaningful tax advantages. Here are several strategies to consider as you plan your year-end giving.

Summer Volatility: Why Staying Invested Matters More Than Ever

Stay focused and invested, as short-term market swings shouldn’t derail long-term goals.

Summer often brings images of relaxation, vacations, and slowing down, but the markets don’t always follow suit. In fact, the third quarter is historically one of the more volatile periods for investors. Between geopolitical uncertainties, changing interest rate expectations, and shifts in consumer and business sentiment, it’s no surprise that many portfolios feel a bit of turbulence this time of year.

How to Reduce Your Tax Burden Through Smart Financial Planning

Taxes are an unavoidable part of life, but with strategic financial planning, you can minimize your tax burden and keep more of your hard-earned money. By implementing tax-efficient investment strategies, maximizing deductions and credits, and leveraging retirement planning techniques, you can optimize your financial future.

Setting Your Financial Goals for 2025

As the calendar turns to a new year, it’s the perfect time to take stock of your financial health and set clear goals for the year ahead. At Prism Capital Management, we believe that a little planning now can make a big difference in helping you achieve financial stability and success in 2025 and beyond. Whether you’re saving for a major life event, planning for retirement, or just looking to build a stronger financial foundation, here are some simple steps to get you started.

Tips to Help Lower Your Taxable Income

For high-income earners, effective tax planning is essential to maximize savings and retain more of your hard-earned money. With careful strategy, you can reduce your taxable income and take advantage of opportunities to minimize your overall tax liability. Below, we’ve outlined some key tax reduction strategies to help you navigate this process.