There are multiple opportunities at the end of the year to make sure you close out 2019 right. Since most year-end planning opportunities have firm deadlines—often December 31st—acting now can help ensure you don’t leave money on the table. It’s not all upside though: Failing to take certain actions can mean penalties in…
Category: Taxes
2017 tax returns are Due April 17th, 2018. Should you file before then? Remember that massive data breach in 2017? This could have a significant impact on your decision to file early. If you don’t remember, in 2017 there was a huge security breach at the credit reporting company Equifax that exposed sensitive information, such as Social…
The federal government has passed a new tax law that will take effect in 2018. One of the changes is that they are limiting deductions for state and local taxes to $10,000. What does this mean? This means that when you go to pay your taxes for 2018 (filed by April 15th, 2019), you will…