You’ve started working on your tax return (or spoken with your accountant) and it looks like you’ll owe more taxes than you’d like. Now what? It’s too late to change your 2016 taxes now that it’s 2017, right? Fortunately, retirement savings can save you and reduce tax liability! Traditional IRA If you didn’t max out your […]
Tag Archives: Tax Savings
Year End Tax Planning Strategies For 2014
Many taxpayers often review tax planning strategies after the New Year. Before you say goodbye to 2014, there are several tax savings strategies that you may be able to implement now. If you wait until after December 31st, it will be too late. Harvesting investment losses to offset capital gains Investors can reduce their taxable […]
