At Bullock, Garner, & Leslie, we’re in the height of tax season and we know that this time can be hectic for you. You’re concerned about deadlines and money that may be owed, and we want to make this season an opportunity to plan ahead for next year’s taxes.
As you’re thinking about your 2013 year in retrospect, it’s time to be proactive about 2014. One way to maximize your tax benefit is through funding your retirement plan. If you have a retirement plan at work, check to see if you qualify to contribute more to the plan and to make sure you are taking advantage of an employer match.
If you have no retirement plan in place, you can open an IRA or ROTH IRA depending on your needs. We can help you determine which type of account might be best in your situation. This will reduce your 2014 tax burden and help you set aside money for your retirement years.
If you have any questions about the 2014 filing season and how to prepare your finances to maximize your financial benefit and minimize your headaches, call your Melbourne CPA firm today!