With Memorial Day kicking off the unofficial start to summer, taxes may be the last thing on your mind right now. But, with June fast approaching, it means we are halfway through the year! Now is a good time to start thinking about a mid-year tax check-up. To start, take a look at the past six months of your financial and earnings activity; this will allow you to also have a better sense of what you can expect for the remainder of the year. This can help you evaluate your projected tax burden and review ways to reduce any taxes you may owe.
Stay tuned for additional mid-year tax tips or reach out to your local Tax Pro for a mid-year review.