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Jill Russo Foster

Tips for Successful Personal Finances

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Lowering Your Taxes

It’s this time of year when we are all getting our income taxes done – from gathering our documents to meeting with your accountant.

Don’t forget it’s not too late to make your IRA 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.  As your accountant to do this to see if you can benefit from this.  It never hurts to ask.

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