Most of us tend to get lost in the hustle and bustle of our day-to-day lives throughout the entire year, only pausing to think about taxes when it comes time to file in April. However, by that point, it’s often too late to fully capitalize on the myriad of tax-saving opportunities that are available. Minimizing the tax burden on your hard-earned income should be a consideration that happens year-round, rather than just during tax season. So what proactive steps can you take today to lower your next tax bill? Here are some thoughtful ideas to help get you started on this important journey.

Financial literacy is a critical skill, whether you're managing personal finances or running a business. To celebrate Financial Literacy Month, let's explore some foundational financial terms that everyone should understand. These concepts are the building blocks of financial decision-making and can empower you to take control of your economic future.