2025 Year-End Tax Planning Guide for Individuals

With the passing of the One Big Beautiful Bill Act (OBBBA), the U.S. Federal Reserve cutting interest rates, and inflation showing signs of moderating, tax planning remains important for taxpayers seeking to manage cash flows and reduce their tax liabilities over time. As you close out 2025 and prepare for the year ahead, use this guide to help make informed decisions—and identify opportunities for reducing, deferring, or accelerating your tax obligations.