It may seem a little early to think about filing taxes, but doing a few quick things now can make it easier when April rolls around.
Tiffany Crawford, tax supervisor at Rea and Associates, Inc., said it's important that people start tax planning in the last few days of the year, if they haven't already.
"We begin tax planning as soon as April 16th for many of our clients," Crawford said in an email. "There are many reasons for this, but the most important one is having enough time to implement the tax savings opportunities that make sense."
There's still time before the New Year to save money when paying taxes later.
Crawford said each taxpayer's situation is different, but "there are many ways to save tax dollars available to taxpayers each year."
Westward's expertise is in designing, implementing and managing insurance-based tax and estate plans for high net worth individuals and owners of private companies.