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Friday, April 17, 2015

Don’t Make the Same Tax Mistakes Twice (@BSteverman @business)

With April 15th behind them, many people think they now have almost a full year until they need to think about taxes again. However, as Ben Steverman points out, now is the best time to continue working on your taxes, so you can get all the deductions and credits you are entitled to next year.

Full article at Bloomberg Business

"Every year, millions of taxpayers miss out on chances to lower their tax bills. They miss deductions or don’t exploit tax breaks designed to lower the costs of education, retirement, and health care. The problem is that most smart tax-planning strategies require you to think about taxes long before they’re actually due — by the time you have a 1040 in front of you, it’s too late"



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