Our monthly online newsletter provides useful tax, business, and financial strategy information as part of our firm's commitment to total client service. Major Tax Deadlines Early in December - Check the amount of 2000 tax you have prepaid through withholding and quarterly estimates. If you're underpaid, consider increasing your withholding before year-end.
Withholding is considered to have been paid evenly throughout the year.
This could prevent your being charged underpayment penalties for 2000. Pay expenses with a credit card if you don't have the cash. You'll get the deduction in 2000 even though you pay the credit card bill in 2001. December 31 - Last day to set up a Keogh plan for 2000. Deductible contributions for 2000 can be made any time up to the filing deadline for your 2000 return.