The Last Days of ’05

With just two days left in 2005, there are only a few things that you can do today or tomorrow that have tax impacts. You could have a baby. Or you could give to charity (if you use a credit card, make sure the processing is done today or tomorrow). Otherwise, only IRAs remain—you have until April 15th for those.

My software provider is starting to send me state tax updates. California is not yet available, but a few states are. I dislike using version 1.0 of any software because I prefer having others work out the bugs. In any event, most of my clients don’t receive all of their paperwork (1099s, etc.) until late January or early February.

Finally, to everyone, a happy, safe, and healthy New Year.

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