2011 is wrapping up, but there are still many money making tax moves you can make before December 31^st! 

1. Check your paycheck – If you have received a raise, got married, or had any other substantial income increase, and then you may need to adjust your withholding for December. If you were withholding too little from your paycheck, then you will have to pay a higher tax bill in April. If this applies to you, then send a request to your HR department for a W-4 withholding change.
2. Max out your retirement accounts – Whether your employer matches your contribution or not, retirement accounts are one of the strongest and money saving vehicles. The maximum contribution limit in 2011 is $16,500, with a $5,500 catch-up contribution for those 50 and older.
3. Cut your losses – End of year is a great time to review your investment portfolio and asset allocation. If you have many stocks you would like to eliminate, then it is a good idea to do so before December 31^st. The losses that you incur can help offset the gains you made on other stocks or funds, and can help lower your tax bill.
4. Check your health – Book last minute doctor appointments before 2012, and start the New Year off with a clean bill of health and more tax deductions.
5. Be Charitable – If you were able to generate more money than usual this year, give back to the community! This charitable effort typically is deductable, as long as you itemize your donations.
6. Go green – If you made energy efficient improvements on your home, then make sure to take advantage of the Residential Energy Tax Credit. These improvements must be on your primary residence and completed before December 31^st.