Tax planningMichael Joyce recently shared his tax planning tips with NBC12’s Rachel DePompa – and the story was distributed nationally for NBC’s InvestigateTV.

Watch the story.



Tax Filing Deadline

This year, the deadline for filing tax returns is Tuesday, April 18th.



Tax-Saving Tips

Michael says you still have time to lower your tax bill by contributing additional funds to your IRA or Roth IRA accounts. The contributions could result in a tax break.



Review Paycheck Withholdings for 2024

If you expect a large refund, you would be well advised to adjust the withholding amount from your paycheck. According to Michael, “If you’re getting too big of a refund, that means that you’re giving the government in essence a tax-free loan.” This is money you could be saving or investing yourself.



Tax-Related Resources

The IRS offers an Interactive Tax Assistant (ITA) that answers tax-related questions.

For information about how Agili’s tax planning services differ from tax preparation, please review our blog post, Tax Planning vs. Tax Preparation by our resident tax expert, Elissa Wurf, PhD, CFP®, CPA.