Tax Deduction Tips
1. Keep all receipts and records organized throughout the year.
2. Review last year’s return for missed deductions.
3. Contribute to an IRA by the tax deadline to potentially reduce taxable income.
4. File early to avoid delays and potential fraud.
Important Deadlines
1. January 31: Deadline for employers to send W-2s and 1099s.
2. April 15: Individual tax filing deadline.
3. June 15: Deadline for Q2 estimated taxes for self-employed individuals.
4. October 15: Deadline for extended tax returns.
