As the year begins to wind down, now is the perfect time to take stock of your finances so you can make strategic moves that reduce your tax liability - or could even turn a potential payment into a refund. The single most powerful way to optimize your financial outlook and set yourself up for success in the coming year is to invest in proactive year-end tax planning, alongside decorating and getting ready for the holidays. If you want to make sure you're prepared before tax season hits, here's a closer look at how to meet your goals.

As the end of the year approaches, and the trajectory of our lives seems to speed up towards the holidays, it’s a good idea to take a moment and consider your financial situation. Getting your finances in order before the year ends can provide peace of mind, positioning you for a smooth segue into the new year. Whether you want to pay off debt, save more for retirement, or simply create an updated budget to help achieve your financial goals, now is an ideal time to take action.