Quantcast

Steps to handle tax returns for 2013 - WCAX.COM Local Vermont News, Weather and Sports-

Steps to handle tax returns for 2013

Posted: Updated:
BURLINGTON, Vt. -

Although many people have probably not yet finished their taxes, it's never too early to start planning for next year and there are some steps you should be taking now.

John Davis with Davis & Hodgdon Associates provided some tips. Watch the video for more.

Tips for 2013 Tax Planning:
 
1.  Set aside funds in retirement accounts
2.  Set aside funds in health savings accounts
3.  Set aside funds for college - 529 plans
4.  For self-employed - hire your spouse and children
5.  Revisit your withholdings for the remainder of 2013
6.  Revise withholdings if you end up with taxes due for 2012

  • Local NewsMore>>

  • Man accused of taking school bus on a drunken joy ride

    Man accused of taking school bus on a drunken joy ride

    Sunday, August 31 2014 12:09 AM EDT2014-08-31 04:09:10 GMT
    A Lowell man faces a slew of charges after allegedly stealing a school bus.
    A Lowell man faces a slew of charges after allegedly stealing a school bus.
  • Three hurt in Essex crash

    Three hurt in Essex crash

    Sunday, August 31 2014 12:08 AM EDT2014-08-31 04:08:33 GMT
    A two car accident in Essex Saturday evening.
    A two car accident in Essex Saturday evening.
  • Drug bust in Bristol

    Drug bust in Bristol

    Sunday, August 31 2014 12:07 AM EDT2014-08-31 04:07:19 GMT
    Police say David and Cathy Fleming of Bristol, Dameon Williams of Brooklyn New York, and Oleitha Turner of Mount Vernon New York have been arrested.
    Police say David and Cathy Fleming of Bristol, Dameon Williams of Brooklyn New York, and Oleitha Turner of Mount Vernon New York have been arrested.
  • Bike and donut race in Burlington

    Bike and donut race in Burlington

    Saturday, August 30 2014 9:14 PM EDT2014-08-31 01:14:42 GMT
    It's a race for bike riders with a huge appetite. Finally, the kind of race where eating too many donuts is not only okay, but all part of the strategy to win.
    It's a race for bike riders with a huge appetite. Finally, the kind of race where eating too many donuts is not only okay, but all part of the strategy to win.
  • Motorcycle rally rolls through Killington

    Motorcycle rally rolls through Killington

    Saturday, August 30 2014 9:14 PM EDT2014-08-31 01:14:05 GMT
    The Killington Classic motorcycle rally brings in thousands of enthusiasts excited about bikes and gives the local economy a boost.
    The Killington Classic motorcycle rally brings in thousands of enthusiasts excited about bikes and gives the local economy a boost.
  • DJ A-Dog remembered in Burlington

    DJ A-Dog remembered in Burlington

    Saturday, August 30 2014 9:12 PM EDT2014-08-31 01:12:52 GMT
    Skateboarding is usually not permitted in City Hall Park in Burlington – but Saturday was an exception to the rule.
    Skateboarding is usually not permitted in City Hall Park in Burlington – but Saturday was an exception to the rule.
  • Mini Highland games in Quechee

    Mini Highland games in Quechee

    Saturday, August 30 2014 9:12 PM EDT2014-08-31 01:12:06 GMT
    Saturday young campers at the Quechee State Park competed in their own Mini Highland Games.
    Saturday young campers at the Quechee State Park competed in their own Mini Highland Games.
  • Music Festival in Burlington

    Music Festival in Burlington

    Saturday, August 30 2014 9:11 PM EDT2014-08-31 01:11:24 GMT
    Musicians from around the world are making their mark in Vermont this week.
    Musicians from around the world are making their mark in Vermont this week.
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.