Timely Tax Tips To Keep You De-Stressed During Tax Season

tax season twisterIt’s tax season again! Here’s some helpful tips for clients that we hope will make the season less stressful:

  • Due to local holidays in some regions, you have a few extra days to file your taxes and to make IRA and Roth retirement contributions. The tax deadline this year is Tuesday, April 18, 2017. If you’re a candidate for making IRA or Roth contributions, we’ll be in touch before the deadline to help coordinate your contributions.
  • Schwab is busy sending out your tax forms through the mail. Keep in mind that copies of all tax communications are available to you online 24/7 at www.schwaballiance.com.
  • Want us to send copies of tax and other reporting information directly to your tax preparer? We’re happy to do so; just ask! That’s what we are there for.
  • Don’t forget your investment management fees may be tax-deductible. In most cases, information on fees is printed right on your Schwab tax forms.
  • Any retirement rollovers in 2016? Tell your tax preparer. They may not be taxable but they should be reported.

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

Subscribe to our updates

Stay informed about financial planning and investing issues that impact your life today and tomorrow! (we respect your privacy)


No comments yet.

Leave a Reply