#tax #wealth As we enter the final quarter of 2024, Americans should start thinking about their tax planning for the upcoming year. SC&H Wealth principal and wealth advisor Judy Brown joins Wealth! to discuss strategies for effective tax preparation. Brown notes that the first step is "understanding what year-end tax planning is," explaining that this process involves aligning your financial goals with the current tax laws "to find a tax-efficient way to achieve those goals. Brown advises individuals to gather all their necessary paperwork and documents, itemize them, and ensure they have all the proper documentation for their taxes. "It's not a one year, it's a lifetime of understanding your tax efficiency. So if they can start to do that, then they'll be prepared." Brown tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith Yahoo Finance: Market Coverage, Stocks, & Business News About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance