Year-End Tax Tip

38232088_2144617109140473_4813627160117903360_nYear-end Tax Tip. Make 401(k) and HSA contributions. People can make tax-deductible contributions to traditional IRAs up to April 15 of next year. However, the door closes on Dec. 31 for 401(k) and health savings account contributions.

Common Sense…

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IF YOU THINK YOU’RE PAYING TOO MUCH IN FEDERAL INCOME TAX, YOU PROBABLY ARE! The old paradigm was “Those who can afford the expense, hire Enrolled Agents and Tax Consultants. The new paradigm is, is that you really can’t afford not to. We seek a second opinion on legal and medical matters, but not so much in the area of income tax, the largest burden your government places upon you…Why?