15 Year-end Tax Tips

At the end of each year there are a number of things to consider that may have a positive impact on your tax obligation. Here is a list of fifteen ideas that may be worth a quick review.

1. Make last minute charitable donations
2. Review and maximize use of the $14,000 annual gift giving limit

In this issue:

• Don't Make this Mistake
  Caution with car donations
• Holiday Budgeting Ideas
• Time for a Credit Checkup?
• Breaking News:
  2015 Pension Contribution Limits

The Month of November:

•    Conduct Year-End Tax Planning
•    November 27th - Thanksgiving

Make time for a year-end tax review

Take some time to review your tax situation for 2014 while there are still a few months to make tax-cutting adjustments. With more of the Affordable Care Act going into effect for 2014, both individuals and businesses will find that an investment in a year-end review could make a significant difference in their final tax bill.