Strategies That Can Still Impact Your 2025 Taxes – Jessica Distel, CPA, MBA
In this video, Jessica A. Distel, CPA, MBA, Partner, and Associate Director of Business Services at Waverly Advisors, outlines key tax planning opportunities taxpayers should consider before the 2025 filing deadline.
Recorded on February 18th, 2026, Jessica explains several strategies that can potentially lower your 2025 tax bill even though the calendar year has ended. She discusses how prior-year IRA contributions and Health Savings Account (HSA) funding can still be made up until April 15, 2026, and how these contributions may reduce taxable income. She also reviews commonly overlooked tax credits and deductions, including child and dependent care credits, education credits, charitable contributions, and itemized deductions.
For self-employed individuals, Jessica highlights the importance of maximizing retirement contributions through SEP IRAs and Solo 401(k) plans, which may allow significant deductions even if funded in 2026. She also clarifies critical filing deadlines and explains the difference between filing an extension and paying taxes owed.
The key takeaway: planning opportunities remain available in early 2026 that can meaningfully impact your 2025 tax return.
For important disclosures, please visit: https://waverly-advisors.com/otherimportantdisclosure
Music Credit
Eternal Echoes by Ariel Shalom
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