I don’t know who came up with all these holidays in quick succession at the end of each year, but that person needs to be fired.
We, and by we I mean U.S. residents since Canadians are smarter about Thanksgiving‘s timing, have a lot of special days in the last calendar quarter.
At the end of the month, we have Halloween and, depending on your heritage or geography, Dia de los Muertos celebrations.
The comes Thanksgiving, followed by the frenetic December holiday season. Some folks are still unwrapping (or rewrapping to return) Christmas gifts by the time New Year’s Eve and Day arrive!
Running out of tax move time: Time to take a breath, right? Wrong!
If you want to make some tax moves that will affect your year’s filing, you’ve got to make most of them by Dec. 31.
I know. I’ve been
nagging reminding readers of the ol’ blog about potential tax-saving moves to make since early November.
All those earlier pieces of year-end tax move advice are the featured final official Weekly Tax Tip of 2019, highlighted there at the top of the right column.
So today’s post, of course, is — drum roll and tah-dah! — more year-end tax to-do’s!
4 final tax tips (maybe): This time it’s 4 last-minute tax-saving strategies for owners of crypto currencies. The suggested tax tasks are from Forbes contributor Shehan Chandrasekera and are this week’s Saturday Shout Out, also the last one for 2019.
These crypto tax actions also apply to other, more traditional investments, which is what the Internal Revenue Service considers bitcoin and other virtual currencies.
And they’re the last tax moves to make now
nag reminder you’ll get from me. Maybe. No promises!
As noted, none of us has much time for all that’s left on our year-end must complete lists. But if you can find a spare moment, check out these various tax moves.
They could make a positive difference when you file your 2019 tax return next year.
And that’s really something to celebrate!