Dec. 23, 2020

Chris, Mike and Scott, Year-End Tax Tips; Barbara Cotton, Executive Director, American Red Cross-Southeastern MA

Chris, Mike and Scott, Year-End Tax Tips; Barbara Cotton, Executive Director, American Red Cross-Southeastern MA

Mike provides some year-end tax planning tips, including: Max out your retirement plan contributions IRA RMDs are not required this year IRS is allowing a $300 charitable gift deduction for standard filings If self-employed, consider making purchases...

Mike provides some year-end tax planning tips, including:

  • Max out your retirement plan contributions
  • IRA RMDs are not required this year
  • IRS is allowing a $300 charitable gift deduction for standard filings
  • If self-employed, consider making purchases before year-end and billing clients after year-end

Barbara Cotton, Executive Director of American Red Cross - Southeastern MA Chapter indicates the need for blood donations and to make appointments at redcross.org. RapidPass allows you to enter your health history and track where your blood donation goes.