Uploaded December 2024 | Updated September 2026, 1 week ago
Did you know a few simple tax moves could save you hundreds, even thousands, of dollars this tax season? In this video, I’ll break down what’s changed for 2025, from new tax brackets to updated 1099K reporting rules. Whether you’re filing on your own or have some experience, I’ll guide you through each step to keep you organized and prepared. Plus, I’ll share year-end tax tips you can use right now to help you keep more of your hard-earned money. Ready to make tax season easier? Let’s get started!
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Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/ZQ9GGjq3Wbc
youtu.be/OHUpngPAWp8
youtu.be/ggeZLsGxzVs
Thanks for watching my video on, End of Year Tax Tips: Avoid Costly Mistakes in 2024
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - End-of-Year Tax Tips: Avoid Costly Mistakes in 2024
01:22 - IRS Updates: The New Standard Deduction.
01:57 - The IRS Updated Their Tax Brackets
03:49 - The New 1099K Reporting Rules Update
06:25 - Tax Tips No.1: Max Out Your Retirement Contributions.
07:04 - Tax Tips No.2: Review Charitable Contributions.
07:46 - Tax Tips No.3: Check Your Withholdings.
08:06 - Tax Tips No.4: Consider Tax Loss Harvesting.
08:26 - Tax Tips No.5: Gather Your Records Early.
09:09 - Tax Cuts and Jobs Act 2025 Updates
10:30 - TCJA 2025 Changes: Why This Matters Now?
11:10 - TCJA 2025 Changes: What You Can Do Now?
Replay Video Link: youtu.be/qKazXr_Ntlo
#irs #irstaxes #taxes
Did you know a few simple tax moves could save you hundreds, even thousands, of dollars this tax season? In this video, I’ll break down what’s changed for 2025, from new tax brackets to updated 1099K reporting rules. Whether you’re filing on your own or have some experience, I’ll guide you through each step to keep you organized and prepared. Plus, I’ll share year-end tax tips you can use right now to help you keep more of your hard-earned money. Ready to make tax season easier? Let’s get started!
💜 Enjoy my work? Support me on Patreon!
patreon.com/noellorenzana
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/ZQ9GGjq3Wbc
youtu.be/OHUpngPAWp8
youtu.be/ggeZLsGxzVs
Thanks for watching my video on, End of Year Tax Tips: Avoid Costly Mistakes in 2024
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - End-of-Year Tax Tips: Avoid Costly Mistakes in 2024
01:22 - IRS Updates: The New Standard Deduction.
01:57 - The IRS Updated Their Tax Brackets
03:49 - The New 1099K Reporting Rules Update
06:25 - Tax Tips No.1: Max Out Your Retirement Contributions.
07:04 - Tax Tips No.2: Review Charitable Contributions.
07:46 - Tax Tips No.3: Check Your Withholdings.
08:06 - Tax Tips No.4: Consider Tax Loss Harvesting.
08:26 - Tax Tips No.5: Gather Your Records Early.
09:09 - Tax Cuts and Jobs Act 2025 Updates
10:30 - TCJA 2025 Changes: Why This Matters Now?
11:10 - TCJA 2025 Changes: What You Can Do Now?
Replay Video Link: youtu.be/qKazXr_Ntlo
#irs #irstaxes #taxes
