The holiday season is full of plans and activities that make December incredibly hectic. Late federal tax legislation is making it even more so. If you are the average American, tax considerations and financial adjustments are pretty low on your holiday to-do list. However, you are not the average American you enjoy saving money, are diligent in seeking ways to save, and excellent at following through with your plans. We can help by offering these potential money-saving tips to take before the new legislative changes come into play to save on this year's taxes.
Notice that most of these tips involve doing a quick trial run of your taxes to evaluate the proper path to take. Who wants to do a tax form in December? You do because it will save you money on 2017 taxes and time in April 2018 when you have to file your actual return. If you like, think of it as an investment that will finance an extra present or two next year.
How to calculate Tax Brackets.
Originally Posted at: https://www.moneytips.com/7-december-moves-to-save-on-2017-taxes
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