Estate planning is often perceived as a complex, daunting, and even morbid task reserved solely for the wealthy or those nearing the end of their lives. The truth is, however, that estate planning is a crucial aspect of financial wellness regardless of your age, income level, or family structure. Estate planning is about protecting your loved ones, preserving your legacy, and ensuring your wishes are respected should an unexpected tragedy strike.

It's never too early to plan for next year's taxes, so here are some helpful steps you can take now to better position yourself to pay less when you file next year.

A simple tax return for a child or young adult might not need a professional CPA. Some tax returns are done well using an online app. However, there are many situations when hiring a CPA might save you a lot of money.