2013 Last Minute Tax Planning
IT IS NOT TOO LATE…
While 2013 is now a memory, please remember it is not too late to contribute to either a SEP, Keogh, SIMPLE and/or 401(k) plans. SEP plans can be opened any time in 2014 until the tax return due date, including extensions, and/or payment delayed until then for the 2013 deduction to be allowed. Contributions for Keogh, SIMPLE and 401(k) can be made up until the due date of the return including extensions. However, the Keogh, SIMPLE and 401(k) plans must have been established before the end of 2013 (Sept. 30 for SIMPLE plans), unlike the IRAs.
For any further information please free to visit my website at www.roberthousman.com or call me at 310-276-3550.
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