Now that this tax filing season is over it is time to start planning for 2016.
Make sure your withholdings will cover at least your last years tax liability.
Start putting money into your savings in case you want to make an IRA contribution and
make sure you are maxing out your 401K if your employer offers one. Be sure to make your timely estimated tax payments in order to avoid any penalty. Consult with a tax advisor to see if you need to increase or maybe even decrease your estimated tax payments.
Feel free to sign up for our membership so you can ask questions during the year.