Are you afraid of the IRS asking for more of your hard-earned money?
If so, there are proactive ways to tax plan. One of the cheapest and easiest is to contribute to your employer’s retirement plan with pre-tax money. Perhaps you have a traditional IRA account? You may be able to lower your income tax due with a Retirement Savings Contributions Credit.
As the Scouts say, “Be Prepared.” Please don’t be the little girl in the video, frantically trying to hide money in her pants!
If you have tax questions regarding your IRAs or contributing to a retirement plan, please give us a call at 606-585-0131. We are here to help!
The Darlings