It’s probably the last thing you want to be doing as we head into the last quarter of the year. However, if you spend some time now reviewing the year and how you might take advantage of some opportunities that are available now, you could be very happy come the time to file your taxes during the first quarter of the 2016. USA Today provided a great overview of items to consider at the end of 2014. Many of those same opportunities are still viable as we move into the end of 2015. The article provides year-end tax strategies to use before December 31st. (http://www.usatoday.com/story/money/personalfinance/2014/12/16/taxes-w-2-strategies-tips/19903397/) If you are self-employed: Consider deferring income. If you are self-employed and have had a particularly good year, it may make sense to defer some of that income until 2016 to reduce 2015's tax burden. If you're self-employed, simply wait until late December to issue invoices...
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