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Thread: Tax Tip

  1. #1
    Super Member dltaylor's Avatar
    Join Date
    Jul 2010
    Location
    Charleston, WV
    Posts
    1,474

    Tax Tip

    Schedule end-of-year appointments or buy new prescription glasses or contacts to avoid losing unused money set aside in your flexible spending account.


    Contribute to or open a qualified retirement plan by the end of the year (April 15 for IRAs) to lower your taxable income.


    Donate by Dec. 31 and deduct charitable contributions on this year's return if you itemize your deductions.


    If you're self-employed, delay your December billings until January to reduce this year's taxes.

  2. #2
    Power Poster Jingle's Avatar
    Join Date
    Dec 2009
    Location
    Outside St. Louis
    Posts
    23,767
    Thanks for the tips.
    Another Phyllis
    This life is the only one you get - enjoy it before you lose it.

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