facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause
2024 Tax Tips: How a Certified Financial Advisor Reduces Taxes and Grows Wealth Thumbnail

2024 Tax Tips: How a Certified Financial Advisor Reduces Taxes and Grows Wealth

When is Tax Day 2024?

For most taxpayers, the deadline to file their personal federal tax return, pay any tax owed or request an extension to file is Monday, April 15, 2024. If this date makes you feel worried, here are some tips to help you feel more secure.

In the ever-evolving landscape of personal finance, staying ahead of the game is key. Christian Cordoba is a Certified Financial Planner and the founder of California Retirement Advisors, which he founded in 1997. His passion lies in tax and retirement planning for clients in California and across the U.S.

Below, Chris shares bite size but impactful tax-saving tips for 2023 and 2024 in a series of YouTube Shorts. Click here to watch each video to unlock valuable insights for maximizing your tax savings!

Chris's 2024 Tax Saving Tips: A Quick Guide with YouTube Shorts

1. Navigating Tax Deductions Like a Pro

Video: Surprise Retirement Debt

Chris breaks down the art of navigating tax deductions, offering practical tips on maximizing deductions for individuals and businesses alike. Learn the strategies that can potentially save you thousands.

2. Investing for Tax Efficiency

Video: Tax Loss Harvesting Tip

In this Shorts video, Chris sheds light on the intersection of investments and tax efficiency. Discover how strategic investment decisions can not only grow your wealth but also minimize your tax liability. Ready to make your money work smarter? 

3. The Power of Tax-Advantaged Accounts

Video: Reinvest Dividends to Get Compound Interest

Systematic additions are your friend. If you have residual income, automate investing an amount from your bank account to your investment account. Uncover the power of compounding through dividends. 

4. Strategies for Reducing Taxable Income

Video: Easy Way to Save On Taxes

Believe it or not, most people never look at last year’s tax return! This is a missed opportunity to save on taxes this year.

Chris wraps up the series by delving into effective strategies for reducing taxable income. Whether you're a business owner or an individual taxpayer, these tips can make a significant impact. Ready to keep more of your hard-earned money? Look at last year’s tax return with a tax advisor.

Incorporate Chris's 2024 tax-saving tips into your financial game plan and take charge of your financial destiny. Stay informed, make strategic decisions, and let your money work for you.

Schedule a call

Book a 20-minute Q&A call with one of our advisors to discuss lowering your tax bill.. Our CRAve-Life Advisory Process can help you plan and invest wisely, save money on taxes, and save for a successful retirement. Learn more here.  

2024 Tax Tips Wrap-Up

As you embark on your journey to financial prosperity in 2024, we’d love to help. To tailor these tax-saving strategies to your unique situation, why not consult with a Certified Tax Advisor? Schedule a consultation with CRA Advisors here and let us guide you towards a year of optimized financial gains and strategic tax savings. Your path to financial freedom starts with informed decisions, and we're here to support every step of the way.

Not ready to talk yet? Join our email list to receive helpful updates, webinars, and blog posts.

By Christian Cordoba
Founder, California Retirement Advisors

Investment advisory services offered through Mutual Advisors, LLC DBA California Retirement Advisors, a SEC registered investment advisor. Securities offered through Mutual Securities, Inc., member FINRA/SIPC. Mutual Securities, Inc. and Mutual Advisors, LLC are affiliated companies. CA Insurance license #0B09076. This content is developed from sources believed to be providing accurate information and provided by California Retirement Advisors. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security. California Retirement Advisors, nor any of its members, are tax accountants or legal attorneys and do not provide tax or legal advice. For tax or legal advice, you should consult your tax or legal professional.