There is still plenty of time to improve your filing a tax refund or a bill. for the following year
There is still plenty of time to improve your filing for the following year, regardless of whether you typically receive a tax refund or a bill.
Jim Guarino, managing director at Baker Newman Noyes in Woburn, Massachusetts, a certified financial planner, compared tax reviews to twice-yearly dental checkups.
A check-in and cleaning twice a year lowers the possibility of unpleasant surprises down the road, he claimed.
Here are four midyear tax moves to consider.
1. Review tax withholding
2. Boost 401(k) contribution
3. Weigh Roth IRA conversion
4. Consider tax-loss harvesting
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