If you're a business owner, real estate investor, or high-income earner, you could be missing out on thousands of dollars in tax deductions simply because you didn't make the right moves before December 31, 2026.
In this video, Anderson attorney and tax expert Toby Mathis, Esq. sits down with tax attorney Eliot Thomas to reveal 11 powerful year-end tax strategies that could help you legally reduce your 2026 tax bill, maximize deductions, and keep more of your hard-earned money.
The biggest mistake taxpayers make is waiting until tax season to start planning. Many valuable tax-saving opportunities require action before the end of the year, and once the deadline passes, those deductions could be lost.
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Chapters:
0:00 Intro
1:19 Pay Your Children Through Your Business
2:49 Charitable Donations & Tax Deductions
4:18 Pass-Through Entity Tax Strategies
6:45 The 20% Qualified Business Income Deduction
8:54 100% Bonus Depreciation vs. Section 179
11:45 Tax-Loss Harvesting & Capital Gains
14:44 Business Reimbursements & Tax Savings
16:09 Maximize Your Retirement Contributions
17:56 Short-Term Rental Loophole Explained
21:00 S Corporation Election Before Year-End
23:29 Oil & Gas Investments to Offset W-2 Income
26:53 Don't Miss These Year-End Tax Deductions
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at
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The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#taxplanning #taxstrategies #taxdeductions
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By: Toby Mathis Esq | Tax Planning & Asset Protection
Title: 10 Tax Moves You Need To Make Before December (DO THIS NOW)
Sourced From: www.youtube.com/watch?v=x4srvbVIpJk
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