Take A Bite Out of Taxes (TM)

The IRS admits that American taxpayers leave money on the table. Planning to pay less taxes is legal and prudent. Depending upon your goals, career, income, investments, age and family circumstances, I can devise and help you implement strategies that legally reduce your tax payments, so you can stop wasting money on taxes you are not required to pay. Instead, you can put those dollars into education, savings, investments, home improvement, vacations or spend them as you choose.

11/26/10

Q: Is it too late in the year to do tax planning?

Q: Is it too late in the year to do tax planning?

A: Unless today is the last business day of the year, it is never too late to do tax planning. Some changes must occur before December 31 to get credit in the current year. Then again, in order to get a full 365 days worth of tax incentives next year, now is the time to plan for changes that will take effect on January 1.