With April 15th just a couple days away, we want to remind everyone that taxpayers can receive a six month extension to file their taxes. As always, we remind you that it is not an extension for payment as your 2014 tax liability must be paid by April 15th; however, the extra six months can eliminate the panic of getting together all the necessary forms and documents needed for filing your tax return.
Along the same lines, we remind you that you may still be able to make an IRA contribution deductible on your 2014 taxes.