Today (10/15/2025) marks the final IRS tax filing deadline for individuals and businesses who filed an extension. If you haven’t filed yet, today is your last chance to submit your 2024 return without facing penalties.
As the clock runs out on last year’s taxes, smart investors and business owners are already turning their attention to 2025 tax planning.
The final quarter of the year is the perfect time to make proactive moves that can dramatically reduce your tax burden next April.
Here are a few key strategies to consider before year-end:
- Cost Segregation Studies: If you’ve purchased or improved commercial or residential investment property this year, a cost segregation study can accelerate depreciation and free up significant cash flow before December 31st.
- Bonus Depreciation & QPP Opportunities: The IRS continues to allow aggressive depreciation benefits for qualifying property — take advantage of these while they’re still on the table.
- Entity & Structure Review: Make sure your business or investment structure still aligns with your tax strategy and growth goals.
- Deferral & Investment Planning: Review retirement contributions, 1031 exchanges, and other deferral options now — not in March.
Filing season may end today, but tax strategy never stops. Use the next 75 days to lock in savings and strengthen your 2025 position.
Need help maximizing your year-end tax strategy? Contact our team to explore cost segregation, bonus depreciation, and other powerful planning tools before year-end.
