Tax time is back and here is a good tip.
Its that time of the year to start thinking about taxes. When life was easy we were generally done by now but with a more diverse portfolio and a small business it takes a little longer to get ready. I’m not just talking about the paper work even though that is a large part of it. I’m talking about getting ready to let go of some money to great old Uncle Sam. We tend to owe a little every year as contracting full time and small business part time can cause some fluctuation in income. The end result is generally owing the old guy a little bit. So this year as we have been working the numbers we realized something that may end up saving us a lot on taxes.We had not contributed anything to my wife’s IRA but the good news is that we still can until April 18th…
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RIL Man Stuff! 