Tips to Lower Your 2017 Tax Bill

AARP BULLETIN | on Fri, Dec 29, 6:00 AM

Here are 11 ways to capitalize on these immediate opportunities, according to tax professionals and financial advisers. But remember: you only have a few days to take action. So don’t delay! Defer income Because household tax rates are heading lower, you’ll pay less taxes on bonuses and other income earned in 2017, but paid to you next year. If you’re set to receive either before year end, ask your employer to defer pay into 2018, says St. Louis-based CPA Mike Piper. And if you’re self-employ...

Read the full article

Semantic processing powered by OpenCalais

Use of the DailyMe service and DailyMe web site constitutes acceptance of the Company's Terms of Service and Privacy Policy.

© 2018 DailyMe, Inc. All rights reserved.