Tax season is upon us and the final two weeks can be a hectic, hair-pulling nightmare. However, saving some last minute money on taxes can provide a light at the end of the tunnel for weary tax-goers. Contributing money to your IRA is a great way to reduce up to $1,000 on your overall tax bill. As Charlie Capasso, a certified financial planner in South Carolina, says “It’s one of the last ways to lower your tax bill.
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Anyone with a family, kids, or just wants to put an extra $1,000 back in their pocket should jump at the opportunity to plan for their future.Featured photo credit: tax or taxes concept with word on business folder index via Shutterstock