By the time anyone read this, it will be October already. We are three months from the end of the year. Enterprises TV reviews year end financial moves that benefits almost everyone.
This is a good time of the year to tackle some financial moves that can be beneficial in the coming year ahead.
Check your taxes to find out if you will get a refund or owe the IRS. Visit the IRS’ “withholding calculator” before the end of year to see where you stand. You’ll need your last paycheck stub and a copy of last year’s return. Keep in mind that if there were any major in your life, like marriage or a refinanced home mortgage, it makes a difference.
Other financial moves
Another smart move is to transfer credit card balances to cards with lower percentage rates before the end of the year. Interest rates are expected to go up before long. Pay off the cards if possible. If not, try to find a card with a lower interest rate.
Stash as much as possible into retirement savings accounts. The Enterprises TV show is always reminding readers to do this because it’s smart. Time flies and soon some of us will be close to retirement. The end of year is nearly here. Why not be prepared for tax return season before it comes?