Thinking about your demise is never a pleasant thought. Nonetheless, it is imperative that you take some time to put your affairs in order, just in case. It is easy to put off this task, especially for younger folks. Younger people tend to feel invincible! It is important to remember that stuff happens, though, and preparation is best.
If you are like me, the warmer days and bright sun motivate you! I love opening the windows and letting in the cool breeze, which carries away the warm stuffiness of winter. This is the time of year when I also feel the irresistible urge to purge. Clean out closets! Empty out files! Many folks feel a spark of inspiration in the spring. What about using some of your excess motivation to focus on your finances?
| By Alicia Sisk-Morris, CPA, ME |
Estimated Taxes: If you are self-employed or have income that is not ordinarily taxed like Dividends and Interest, it is time to consider your estimated tax payments for 2017. Many CPAs automatically prepare this number for you, as I do for my clients.
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