It's too late for some last-minute tax moves — but these can be tackled with days to go in 2025

As the calendar winds down, there is still time for certain year-end tax moves — but investors need to act quickly, experts say.

With the tax season fast approaching, these tactics could boost your refund or reduce taxes owed, depending on how much you’ve already paid.

However, most planning moves must be done by Dec. 31 to count for 2025. Some exceptions include pre-tax individual retirement account or health savings account contributions, which can be made by the tax deadline in 2026.

Keep in mind, timing could be tricky with a shortened trading day on Christmas Eve, the major exchanges closed on Christmas Day and holiday hours for some financial firms.

Stories for investors who are retired or are approaching retirement, and are interested in creating and managing a steady stream of income: