It’s that time of the year that we start to think about taxes.
You are waiting to get your W-2’s, 1099’s and more, but there is still time to make tax moves for 2018.
Don’t forget it’s not too late to make your retirement contribution for last year. You actually have until April 15 to make your contribution for last year, if you haven’t maxed out your contribution for the previous year. This is turn could lower your income and may turn owing on your taxes to a refund.
Ask your accountant to do this to see if you can benefit from this. It never hurts to ask. Personally, we have a tax meeting between Thanksgiving and Christmas to see where we stand, before we receive the actual tax documents to see what can and should be done.
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