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10 steps you can take right now to reduce your tax bill

Bankrate Logo By Libby Wells of Bankrate | Slide 1 of 11: 10 steps you can take right now to reduce your tax billIt may be late in the year, but it’s not too late to start looking for ways to reduce your federal tax bill for 2019 and beyond. There are a number of steps you can take right now to ensure you don’t pay the IRS a dime more than you have to.The end of the year is a good time to gather preliminary paperwork and financial data. Ask your tax preparer for a checklist of what you need to file your return.The IRS starts accepting 2019 returns on Jan. 28, 2020, and April 15, 2020, is the filing deadline.Here are 10 steps you can take right now to reduce your tax bill. 

10 steps you can take right now to reduce your tax bill

It may be late in the year, but it’s not too late to start looking for ways to reduce your federal tax bill for 2019 and beyond. There are a number of steps you can take right now to ensure you don’t pay the IRS a dime more than you have to.

The end of the year is a good time to gather preliminary paperwork and financial data. Ask your tax preparer for a checklist of what you need to file your return.

The IRS starts accepting 2019 returns on Jan. 28, 2020, and April 15, 2020, is the filing deadline.

Here are 10 steps you can take right now to reduce your tax bill. 

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