The tax deadline is closing in. It’s less than a week away. How many people are waiting until April 15th to do their taxes? Check out Turbo Tax or H&R Block online if you are a procrastinator.
Sergey wrote a post with links for all type of Tax Tips. Check these out before you start to file your taxes. If you have waited until now to do your taxes you will probably get your rebate around the same time as the Rebate Check from the government. Check the schedule to see when you will receive yours. One of the qualifications to receive the rebate is filing your taxes by April 15th, so get on that. For those of you who have filed your taxes already, good job not waiting until the last minute. I hope you did something good with your returns.
April 15th is also the deadline for making 2007 contributions to your IRA’s. This would be a good time to check your IRA’s and max out your contrubution for 2007 if you can. Since this is the ending of 2007 contributions, it’s the perfect time to open an IRA if you don’t have one. This way you can plan out a full year of contributions that will end next April. Remember Traditional IRA contributions are tax deductable, and Roth IRA contributions are deductable in your state return. (MA it is)
Over the next couple of days I am going to make my last contributions to my IRA for 2007. I am just waiting to pick a good day where my share prices are lower. Good luck with your taxes and any last minute IRA contributions!
Photo by: 1Flatworld
April 11th, 2008 at 12:28 pm
After seeing the status of the market now at 1:30pm on Friday. I decided today is a good day to make my last contribution for 2007 in my Roth IRA. I hope I picked a good time.