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Taxing Decisions

Taxing Decisions

With April 15 approaching (April 18 this year), many folks are searching for ways to reduce their tax liability for 2015 or identifying strategies that may lead to lower tax liabilities in the future.

One popular strategy that some higher income taxpayers may find attractive involves making non-deductible contributions to a Traditional IRA account. In other words, funding the IRA with after-tax dollars. The primary advantages of this strategy are