As a tax preparation service, you’d think we only have one thing on our minds: your state and federal income tax returns. But at Blackwell’s Tax Service, we’re here for much more than that. We want to help our neighbors in Rock Hill, Fort Mill, and surrounding areas of York County have a brighter financial future. With the end of the year fast approaching, now’s a great time to take stock of your money and make any necessary adjustments. After all, many benefits of the 2017 tax year are only available through December 31. Here are some helpful tips from our accounting experts to help perk up your finances before the end of the year.

  1. It’s never too late to start saving. Don’t think you have to wait until January to turn over a new leaf. Start putting a few dollars away in your savings account now. You’ll be surprised at how quickly it all adds up.
  2. Keep track of your spending. Yes, you should have a budget. But there are other simple things you can do to keep track of your spending. For starters, record any debit card transactions or checks you’ve written instead of just waiting for your monthly statement to roll in. Even if you don’t have a traditional checkbook to balance, try one of the many (often free) apps that let you do the same thing virtually.
  3. Think about the next few months. What were your financial goals for 2017? Have you accomplished them? The good news is that you still have time to fund your retirement account, make charitable contributions, or start saving for a home. If you handle these things on or before December 31, there could be some positive tax benefits for you when you file in April.

If you’re ready to make some smart money moves, consider working with an accounting firm like Blackwell’s Tax Service. We give you the professional advice you need with the personal attention you deserve. Call our Fort Mill, SC office today to schedule an appointment year-round.