For those of you interested in the details of the economy, here’s November’s monthly economic report.
November recap:
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The year is winding up and Tax Day is not far away. At Kaizen, we think about taxes year-round and are always looking for opportunities to minimize your tax bill. In this newsletter, we wanted to share some the tax savings strategies we regularly evaluate on your behalf. Be aware that not all opportunities are available to every tax filer, some are dependent on filing method, ability to itemize, or even age. Let’s look:
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The I.R.S. just increased the annual contribution limits on IRAs, 401(k)s, and other widely used retirement plan accounts for 2019. Here is a quick look at the changes.
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