Best Tips To Help You Prepare For The Tax-Filing Season

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Best Tips To Help You Prepare For The Tax-Filing
Season
As the end of the year comes, it is a good idea
to start thinking about business tax planning.
Some taxpayers are still getting familiar with
the Tax Cuts and Jobs Act which has been in
effect for 4 tax seasons. Anyway, when tax
season starts, it pays to ensure you are up to
date and doing all you can to lower your tax
bill, even if your financial situation is
simple. Do not ignore the IRS Max out retirement
plan contributions Protect yourself from tax
scams and fraud Select who will prepare and file
your taxes Make sure beneficiary designations are
updated Do not think that a letter from the IRS
is the end of the matter