With the holiday season upon us, people are likely more concerned about trimming the tree than thinking of ways to trim their tax bills.
However, financial advisors urge clients to be proactive by doing some early tax planning. Advisors agree that the earlier you begin your 2014 tax planning, the more opportunities you may have to slash your taxes.
"Getting started early is perfect," said Sheryl Garrett, founder and CEO of Garrett Planning Network. "Some of the more sophisticated or involved things to do require advanced planning to make sure all the pieces come together."
Here are some tax tips that financial experts are discussing with their clients: