02/19/2024
I Know people are in a hurry to file there taxes but make sure you have all your tax papers/ information before filing. W-2's, 1099 ( from banks, clients, investments...), property tax receipts, rent payment totals for the year, Interest you paid on anything (loan, student loans, credit card, mortgage, HELCO.....), processing fees.
Did you contribute to your IRA for the year 2023, you have time yet? If you have to pay in, why not pay some of that money to yourself in the form of an IRA. Deduct it and pay less to the government. IRA max for 2023 is $6,500.00 but 2024 is going up to $7,000.00.
If you or someone you know is looking for a bookkeeper, DM Right Hand Bookkeeping.