Month

Income Taxes

Saving and Investing

???????????????????? August

• Returns on extension are no longer due 8/15th.? For 2011, you have until 10/17 to file returns put on extension
• If you participated in the NIH LRP during 2010, you only have until 9/30/11 to submit the paperwork to get back any additional taxes?owed to you by the NIH. One of the MDTAXES CPAs can help you with this paperwork

• Consider rolling your old retirement accounts held at a previous employer into your current employer’s 401(k) or 403(b) plan to consolidate your finances
• If your income will be too high for 2011 to contribute to a Roth IRA this year, consider making a non-deductible contribution to an IRA to convert to a Roth before December 31st.