Six midyear tax moves to make1 of 8It's finally summer, time to take a well-deserved work break. But when it comes to tax breaks, you can't take a vacation.In fact, with the year half over, it's a perfect time to make some tax moves. You have a good idea of what your income and associated taxes will be, and you still have plenty of time to take advantage of some easy tax-cutting strategies.A few tax moves will require you to stay on top of your taxes for a bit longer, since Congress is still working on some tax laws, including the potential resurrection of tax breaks that have expired or are scheduled to soon disappear.So before too much more time passes, let's look at six midyear tax moves. Related Articles:What is your tax bracket?Tax Basics: Table of contentsConvert IRA to Roth calculatorPayroll deductions calculatorRelated Links:Tax breaks for home energy upgradesDeducting sales tax on a new carGifts to charity pay off on your taxes7 ways to get organized for the tax year advertisement
It's finally summer, time to take a well-deserved work break. But when it comes to tax breaks, you can't take a vacation.
In fact, with the year half over, it's a perfect time to make some tax moves. You have a good idea of what your income and associated taxes will be, and you still have plenty of time to take advantage of some easy tax-cutting strategies.
A few tax moves will require you to stay on top of your taxes for a bit longer, since Congress is still working on some tax laws, including the potential resurrection of tax breaks that have expired or are scheduled to soon disappear.
So before too much more time passes, let's look at six midyear tax moves.