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Last Second Changes

With a few weeks left, there are still some things you can do to reduce your tax bill. And if not, these are good to know for next year!

IRS urges you to perform a Paycheck Checkup today to make sure your tax withholding is right for you. https://t.co/FTDVw1iJyF

— H&R Block (@HRBlock) March 29, 2018

- Notice a nice little bump in your weekly pay? Well, that's because withholdings changed. Now this means a lower refund at the end of the year or more you have to pay, so check with your company and start withholding more. You can actually do that if you want to!

- Elect to contribute more to your 401K through your company. You can increase the pre-tax money you contribute to your retirement account, and this will lower your paycheck, but also lowers the amount on which the government can tax you.

- If you have investments like bitcoin or stocks that are worth less then when you bought them, you can sell at a loss, and that will lower your tax for the year. Now, don't go giving your investments away, but it's an option.

Of course, for detailed ways to prepare or help your taxes out, consult your personal accountant or other places you get your taxes done.

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