"The expenses of government, having for their object the interest of all, should be borne by everyone, and the more a man enjoys the advantages of society, the more he ought to hold himself honored in contributing to those expenses." -Anne Robert Jacques Turgot
I think Anne Robert Jacques Turgot needs to: a) seriously consider shortening that name, and b) have a gander at the modern tax system and reconsider her statement. Just my opinion.
Timely Reminders
As April 15th approaches, a few items to keep in mind. April 15th is the deadline for funding an individual retirement account, whether traditional or Roth. It's also the deadline for funding a health savings account for 2009. But what if you aren't certain if a Roth or Traditional IRA is right for you? Well, as long as you fund the IRA by April 15th and file an extension, the IRS will give you until October 15th to re-characterize the nature of your IRA contribution.
Some Relief
Choosing to file an extension provides you with additional time to file your actual 1040 and to fund a SEP-IRA. Note: You actually have to request an extension by sending Form 4868 to the IRS.
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