You may find this article useful as you begin to get ready for the end of the year. It’s from Intuit, the makers of Turbo Tax, which I have used ever since I graduated from the Form 1040A to the full 1040 back around 1990. Their site has many more tips in short lists and is a good resource for basic tax questions.
The article below is up to date based on the latest tax laws. It is accurate for your 2018 taxes, which you will file by the April 2019 deadline. Learn more about tax reform here.
It’s hard to believe that we are in the last quarter of the year! With 2018 coming to an end, now is a great time to make some easy and smart tax moves to help lower your tax bill and increase your tax refund when you file.
So, get all of your receipts together for any tax-deductible expenses and sources of income because these 10 quick and easy tax tips will help you get your finances organized before the year ends!
1. Electric vehicle credit: In the market for a car? You still have until December 31, 2018, to purchase an electric vehicle and get the $7,500 tax credit. ...