Tax Tips A PFP Discussion Dr. Neidermeyer. Make A Charitable Contribution Make your donation effective 12/31 Obtain a receipt if contribution >$250 Remember,

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Presentation transcript:

Tax Tips A PFP Discussion Dr. Neidermeyer

Make A Charitable Contribution Make your donation effective 12/31 Obtain a receipt if contribution >$250 Remember, you may use a charge card

Pay Deductible Medical Bills Schedule your final physical checkups so as to meet the 12/31 deadline for payment.

Pay Miscellaneous Expenses Make every effort to exceed the required 2% of AGI threshold to make the additional items deductible on your return.

Purchase Business Assets Liberal depreciation laws now encourage the purchase of depreciable business assets.

Maximize Retirement Contributions Use all alternatives to maximize your deductible contribution(s) to your retirement plans.

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