A few deductions will expire at the end of this year, so it’s important to act now to take advantage of them in the remaining months of 2016 and to adjust your plans for 2017 if you’re depending on using them. Did you pay college costs during the year? A deduction for...
Assuming you want to keep your 2016 taxes as low as possible, consider these valuable tax maneuvers you’ll have to complete by the end of this calendar year. MAXIMIZE RETIREMENT PLAN CONTRIBUTIONS If your employer offers a 401(k) or other type of deferred...
Getting a refund check from the IRS is great but if you are expecting a large refund, check your year-to-date withholding and consider changing the taxes withheld now. This is especially important if you are claiming the earned income tax credit, or EITC, or the...
