Archive for January, 2018

We just listed this commercial property in the Aurora-Licton Springs Urban Village

1. Get organized – this is not too difficult, but it takes time. Make a file for documents as they start arriving.
2. Seek help from a tax profession if needed. A tax professional brings expertise, knowledge of the tax code, ability to find deductions, and can develop strategies for lowing your future tax bill. This is a personal decision of course.
3. Make your 2017 IRA Contribution. The deadline for this is April 17^th, 2018. For 2017, the maximum amount is $5,000, unless you are 50 or older. Then you can make a catch-up contribution of an extra $1,000.
4. If a refund is coming, file electronically. The IRS processes electronic returns faster than paper ones.  You may get your refund more quickly.  So learn more, visit:  http://www.irs.gov/filing/e-file-options .
5. Reinvest your tax refund. Your financial advisor can help you identify the best way to do this, be it a college fund, or retirement fund. If you develop this strategy now, you will be less likely to spend your refund.
6. Make a commitment this year to stay organized. When it comes to receipts, write them down, keep a ledger or file. Get a portable file box so you can file items as needed.

Happy New Year to all! Here is a sampling of the January 2018 happenings in the Seattle area:

01/05/18 – 01/07/18:  Northwest Remodeling Expo.  Held at the Washington State Convention Center.  http://www.homeshowcenter.com/overview/seattle

01/11/18 – 01/14/18 :  Nordic Lights Film Festival. Limited number of tickets available. http://nordicmuseum.org/nlff

01/12/18 – Kirkland Art Walk:  Second Friday of every month from 5-8pm. http://kirklandartwalk.com/home/

01/26/18 – 02/03/18:  Seattle Boat Show, the west coast’s largest boat show.  https://seattleboatshow.com/