Spend Now, So You Can Save

December 12, 2007
TIP OF THE WEEK

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December is a key time to make business-related purchases in order to gain credit for them on your 2007 tax return. You can buy office supplies for January, renew business publication subscriptions for 2007, purchase advance postage and pre-pay rent for January to receive savings now.

Another end-of-year item to consider is making a donation. Whether you donate cash or products to one of your many local home building efforts, a church, your college alumni group or a charity of your choosing, do so before the end of 2007 and you’ll save on your tax bill for the year.

This week's tip contributed by Simonton Windows.

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Contact Kathy Ziprik, 304/428-1856 or kziprik@aol.com.