Tasty Thanksgiving tax tip leftovers: 5 Tax Turkeys to Avoid

November 30, 2024
Thanksgiving-turkey-meal-leftovers_pexels-cottonbro-5791675

Okay, one more turkey, but the Thanksgiving dinner version. To go along with the leftovers from this meal, below is a wrap-up (sans foil) of last week’s Five Tax Turkeys to Avoid. (Photo by cottonbro studio)

How are you doing this post-Thanksgiving weekend? Still feeling a bit stuffed, and now looking at way too many leftovers?

With the 2024 calendar pushing Turkey Day to the end of November, maybe you can repurpose some of the excess food for the Christmas gathering that will be upon us in less than a month.

But rather than worry right now about the next holiday, you can do what I’m doing. The end-of-year rush will be here soon enough, so I’m just generally taking it easy.

I can only muster enough energy this final day of November 2024 to watch some sports and Christmas movies on TV, electronically thumb through online catalogs for holiday gifts (including for myself!), and nibble at those aforementioned leftovers.

That’s why this weekend’s Saturday Shout Out also is a tad lazy. A leftover version, if you will, of last week’s Five Tax Turkeys to Avoid.

But my thinking is that many of y’all might have missed at least one of the tax turkeys due to travel and family activities. So now, as you start getting back to your regular routine, you can check out the turkey-themed tax tips, repurposed in one neat online box below.
   


2024's Tax Turkeys
🦃 🍗 🦃 to Avoid

  1. Not reviewing and adjusting if necessary your paycheck withholding
  2. Not establishing a tax deduction bunching strategy
  3. Not using, therefore losing, your medical FSA money
  4. Overlooking alternative ways to give to charity
  5. Not exploring a Roth IRA conversion

   
Some or all of these five tips might help make your tax life easier and less costly.

And while they are tax turkeys highlighted during Thanksgiving 2024 week, you can use the suggested ways to avoid them year-round.

Now get some rest. The Christmas countdown is officially underway!

 

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