You Still Have Time to Reduce Your Tax Bill for 2019

Under normal circumstances, tax returns for 2019 would have been due a few days ago on April 15. But as every American knows, we're definitely not living in normal circumstances. So although the 2019 tax year is long over, you won't have to file your returns for it until July 15.

The extension of the tax filing deadline provides you with an unprecedented opportunity to cut your tax bill for last year, even though we're well into 2020 already. You can do that by making an IRA contribution before July 15.

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