Happy Monday, fabulous!
This week's money tip: Looking for way to reduce your tax payment? Don't forget about your IRA (Individual Retirement Account). You can contribute up until April 1st (or set up a new one by April 15), and your contribution is "sheltered" from your taxes.
I hope you had an amazing weekend. It was super sunny here in the Bay Area.
My week was pretty exhausting. So I spent my Saturday and Sunday outside, sitting in my nearby rose garden, walking and journaling. Oh, and drinking champagne. Duh ;)
Have you filed your taxes, yet?
I've been receiving a lot of new client requests (which is so awesome!), and most of them center around tax filing. Although I don't provide tax filing services, I gladly refer them to one of my 400+ colleagues in my organization, Future of Accounting.
It's not too late to work with an accountant, but the time is ticking to get your return in by April 15 or file for an extension (if your business is located in the States).
I also encourage you to start planning for next year's tax filing now.
This is the busiest time for tax accountants and the best way they can serve you is if you coordinate with them well before tax filing season. It's less stressful for you andthem!
Not only will it save you time, but also money! One of my clients saved nearly $1,000 because she worked with me throughout 2014 to organize and manage her books. We also made sure she had scheduled two sessions with her tax accountant in 2014 to strategize for her 2015 planning.
How cool is that?!
What would you do with an extra $1,000?
I don't know about you, but that's a great pair of Tieks shoes and nice chunk of change to invest.
If you'd like to get a headstart on your tax filing and finally feel like you are on top of your books, check out my Money and Mimosas community by clicking here!
See you in our community!