Last minute tax tips
Saturday, April 12th, 2008I saw a quick two minute news story on yahoo today about last minute tax saving tips - they didn’t even talk about IRA’s - what’s wrong with these people? Aren’t IRS’s one of the things everyone should consider last minute before tax time? If you owe two thousand to the IRS can’t you just invest $2,000 into an IRA and avoid paying the government that money?
I don’t know if the laws have changed, or if perhaps the tax experts know that no one ever uses the IRAs unless they already are, so they were saving their breath. I did find the info cool about writing off loses from the stock market, but if people can write off losses from stocks why can’t I write off my gambling addiction? It’s the same thing really.