As we approach the end of the year, now is the critical window to review your tax position and make strategic moves that could significantly reduce your 2025 tax bill.

With just a month to go before New Year’s, this is the perfect time to understand where you stand, identify potential savings, and ensure you're prepared—whether that means owing less or setting yourself up for a refund.

At The Greenberg Group, we specialize in proactive tax planning. The earlier you share the right documents, the more opportunities we have to strategize on your behalf.

Below is a simple checklist to help you get started. No need to dig deep or overthink—this is meant to be a quick, effective year-end review.

For Individual Taxpayers

To complete your review, please send the following:

1. Your Latest Pay Stub

This helps us project your total income and withholding for the year.

2. A List of Quarterly Estimated Tax Payments (2025)

If you've made any estimated payments throughout the year, we’ll reconcile them against your projected liability.

3. Estimates of Capital Gains or Losses

This includes:

• Stock sales

• Mutual fund transactions

• Cryptocurrency gains/lossesAny substantial activity here may create opportunities for tax-loss harvesting before year-end.

4. For the Self-Employed

We’ll assume your income and expenses are similar to 2024 unless you tell us otherwise.If your earnings changed significantly—either up or down—please let us know so we can adjust projections accurately.

For Businesses (S Corps + LLCs)

If you operate a business entity, we’ll need:

• Your November 30th Financial Statements

  • Please send both:

    • Balance Sheet

    • Profit & Loss Statement

These statements allow us to review your performance, evaluate potential deductions, and ensure you're taking advantage of year-end opportunities such as:

• Owner compensation adjustments

• Retirement contributions

• Equipment purchases

• Year-end tax strategies specific to S Corps and LLCs

Timing: Now Through Christmas

We will be conducting these year-end tax reviews between now and Christmas.The sooner you send your documents, the more we can do to help you minimize taxes and plan effectively.

If you have any questions or would like to schedule a call, please reach out—we’re here to help you finish the year strong.