3/4-Year Tax Planning.
Now that we are 3/4 through the year, it's an excellent time to review your tax circumstances for the year.
Any adjustments that may need to be made have less effect when they can be spread over a longer period of time.
Evaluate the taxes you've paid in up until the current date.
Is your income more than last year?
If so, are your tax payments adequate to keep pace?
You may need to review the income you have to determine if you can defer any income to next year.
With tax rates falling each year, you not only have an additional year to pay the tax but a smaller amount of tax will be required, as well.
On the deductions side, look at the areas in which you get a tax break.
These decisions are easier to make during the middle of the year as well.
Do you need some real help getting your business on the internet and getting it noticed?
Without it costing you an arm and a leg?
Check out Internet Marketing Mentoring.
You'll receive a real live experienced internet marketing coach phoning you once a week for either 6, 12 or 24 one-half hour sessions, teaching you the ins-and-outs of getting your business noticed on the net.
And it's all for a LOT LESS than you'd expect to pay for such expertise.
Do you have some Personal Finance advice to share or have a question?
You can Write to Us!.
Include your first initial and last name.
I'll try to use your contribution in a future column.
(Please note that these columns are written several weeks in advance so publishing it will be delayed accordingly.)
