Tax year 2025 is marked with major tax law changes resulting from the passage of the One Big Beautiful Bill Act (OBBBA) and extension of previous legislation. Effective year-end planning is crucial, as many deductions and credits are changing or set to expire. Here are the key highlights:

Year-End Tax Planning Considerations for 2025

• Income and Deduction Timing: Consider deferring or accelerating income and deductions to minimize tax liabilities.
• Charitable Giving: Advance contributions into 2025 to avoid new deduction limitations and benefit from a higher tax savings rate.
• State and Local Taxes (SALT): Pull forward eligible payments and watch for income thresholds that reduce the deduction cap, which is temporarily quadrupled to $40,000.
• Small Business Planning: Consider options to utilize enhanced QSBS exclusions, 100% bonus depreciation and increased Section 179 limits.
• Expiring Energy Credits: Install clean energy systems or complete projects in 2025 to qualify for credits before deadlines hit.
• Alternative Minimum Tax (AMT) and Net Investment Income Tax (NIIT): Pay attention to changing exemption and phase-out rules for the AMT in 2026, as well as the NIIT thresholds.
• Portfolio Moves: Use tax-loss harvesting and rebalancing to manage realized gains and losses by year-end.
• Annual Gifting: Take advantage of the increased $19,000 per recipient annual exclusion for tax-free gifts.
• Retirement and HSAs: Max out 401(k), IRA and HSA contributions before deadlines and be aware of new Roth catch-up rules for high-income earners in 2026.
• 529 Plans: Review 529 planning based on expanded expense and rollover options.

Consider taking advantage of these opportunities to maximize your benefits and avoid missing potentially valuable tax savings. For more details, strategies and a full breakdown of the changes, read the full 2025 Year-End Tax Planning Guide here.

Oxford can help guide these conversations with you and your family’s tax and legal advisors.

Oxford Financial Group, Ltd. is an investment advisor with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Oxford Financial Group, Ltd.’s investment advisory services can be found in its Form ADV Part 2, which is available upon request. The information in this presentation is for educational and illustrative purposes only and does not constitute tax, legal or investment advice. Tax and legal counsel should be engaged before taking any action. This presentation has been prepared from sources and data believed to be reliable and also includes opinions that are subject to change based on changes in certain industries or market conditions. However, no representations are made as to the accuracy or completeness thereof. Past performance is not indicative of future results.OFG-2507-57