Tax season is upon us! Here are some things to consider over the next 2 months... You can contribute to tax-advantaged retirement accounts until tax day...for the prior year! Significant tax advantages to be had here! You can contribute to your retirement account for the prior tax year until taxes are due for that year. So you can take a deduction on your 2018 tax return … [Read more...] about Tips for Tax Season!
Over 20% of Americans wait until the very last day to file taxes. Some call it procrastination! Not US!! We call it extra time to find ways to save on taxes, while also planning for retirement. I've had several conversations this week about funding IRA's, and there seems to be some confusion, so I wanted to spend a minute to clarify some main points... -How much can … [Read more...] about LAST MINUTE Tax Tips that Can Boost Your Retirement!
Check out these tips - They just might help you shape up your finances and get a handle on your savings! 1. Click for Article - Smart Ways to Spend Your Tax Refund Here comes your refund, now don't blow it... 2. Click for Article - 3 Mistakes that could Derail Your Retirement Simple piece on saving enough for retirement, and paying attention to long-term needs and how long … [Read more...] about Simple Reads: Tax Refunds, Retirement and Good Habits
I had the opportunity to speak in front of a group of small business owners earlier this week. So many questions from the group…mostly centered around tax saving strategies and opportunities to save for retirement. It became clear to me that some of the very basics in regards to Individual Retirement Accounts (IRA’s) are foreign to some. What is the max contribution? How … [Read more...] about Reduce Taxes and Save for Retirement – It’s not too late for 2017!
Who’s thinking of some exciting way to spend your tax refund? Hot tub? Camper? That sounds fun! But let’s look at some boring, practical ways to spend that refund you’re about to get… Add to your Retirement Funds - Invest in yourself! If you haven’t maxed out all of your options for retirement contributions (most American’s haven’t) then make an investment in your … [Read more...] about Practical Uses for Your Tax Check- time to be BORING with your refund!