Keep Organized and Stay Ahead of Your Taxes

7:17 PM, Dec 31, 2013   |    comments
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The hustle and bustle of Christmas is winding down, so it's time to think about your finances.

Even though 2013 is nearly over, Steven Morton with Morton Wealth Management said there are things to do for your 2013 taxes.

He said some of the things to do is dig out your itemized deductions, put your gains and losses together.

Sometimes it seems the tax return isn't as big as it should be, and that's why Mortan said it's important to do your homework.

"You've got to be aware of what's deductible and behave accordingly," Morton said. "Be on the look out for non-cash contributions."

It's never too early to prepare for the 2014 taxes.

There is a new 2 percent tax deduction on the state income tax.

Morton suggests putting the money you're getting back into a 401K and keep good records.

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