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5 ways to get a leg up on taxes

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Lessen your tax-season stress

That April 15 deadline creates a great deal of stress for many people, so it makes sense to get started now on your taxes. In fact, planning ahead may even lower your stress level. Starting early also allows more time for you to do your homework and become aware of changes to cost-basis reporting rules and how they may impact the various stocks or bonds you may own.

So put the Christmas shopping list away and review the tax tips here to assist you in planning ahead. These key tax strategies, offered from Charles Schwab, may help you keep more of your income and boost your after-tax returns.

By CNBC's Jim Pavia, senior editor at large
Posted 1 December 2015

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