Do you have children? Are they on your payroll?

If they’re not, and if the situation is right, you may want to hurry and get your children on the payroll.

Are you married or single? Should you change that status before year-end?

And finally, do you give money to your parents or other relatives? If so, you will save money with the gifting strategy in this article.

In addition to the strategies in this article, you have 23 other year-end tax-planning strategies nested in the articles linked below:

5 Year-End Tax Tips for Business Receipts and Expenses

6 Year-End Medical and Retirement Tax Tips

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