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Time running short for 2007 tax moves

 

Last updated 12/6/2007 at Noon



San Diego — The Internal Revenue Service reminds taxpayers they have less than four weeks left to make their final financial moves for the 2007 tax year.

Taxpayers can take the first step towards tax planning by reviewing tax law changes and their situation. A little advance planning now could save taxpayers time – and perhaps even money – later. Ten key points to consider:

• Charitable Contributions – Make 2007 deductible charitable contributions no later than Dec. 31. Due to recent law changes, cash donations are not deductible unless you have proper written proof. Also, donat...



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