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It's Not Too Late to Lower Your 2020 Tax Bill - If You Do This Now - Vimarsana News

It's Not Too Late to Lower Your 2020 Tax Bill - If You Do This Now

January 17, 2021 10:00 AM newsfeedback@fool.com (Sam Swenson, CFA, CPA) Posted: Updated: January 19, 2021 9:20 AM The turn of the calendar from 2020 to 2021 is nothing more than a flip of the proverbial page, but your CPA may beg to differ. 2021 marks the start of a new accounting period, which in and of itself can bring a flurry of confusion to the average taxpayer. Given that we still have a few months until tax returns are due, it’s advisable to think now about how you can lower your 2020 tax liability — even though 2020 has already come to a close. Below we’ll explore a po...