Those who receive cash in their Christmas stocking may be able to improve their tax situation before the end of the year. CPA Brett Nikkel with Van Maanen, Sietstra, Meyer & Nikkel says any charitable contributions before the new year begins can help a current tax situation — only assuming if an individual or couple itemizes deductions. Nikkel says after Federal Tax reform in 2018, a higher standard deduction and limit on state and local tax deductions may have de-incentivized many to no longer itemize, but he says each tax situation remains unique. He encourages everyone to keep track of all finances and begin to organize any receipts or documentation that may be beneficial when tax time comes in January. Hear more tax tips on today’s Let’s Talk Pella.