Planning

August 2011 – Tax and Financial Planning Calendar

Month

Income Taxes

Saving and Investing

                     August

  • Returns on extension are no longer due 8/15th.  For 2011, you have until 10/17 to file returns put on extension
  • If you participated in the NIH LRP during 2010, you only have until 9/30/11 to submit the paperwork to get back any additional taxes owed to you by the NIH. One of the MDTAXES CPAs can help you with this paperwork
  • Consider rolling your old retirement accounts held at a previous employer into your current employer’s 401(k) or 403(b) plan to consolidate your finances
  • If your income will be too high for 2011 to contribute to a Roth IRA this year, consider making a non-deductible contribution to an IRA to convert to a Roth before December 31st.

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