Control your spending for the new year by making a budget; track expenses and
make a resolution to save something every month
Taxes
Review
your withholding taxes. If you are having too much taken out each payroll, file a new W4 form with your employer.
Put the additional take home pay into a savings program
Taxes
You
may still be able to save taxes on the prior year! If eligible, you can still contribute to an IRA and apply the deduction
for last year
Taxes
Final estimated tax payment due on prior
year
Taxes
W-2 Forms should be received from all
employers during the prior year. If you moved, make sure all employers have your current address.
Organize
You will begin receiving tax forms from employers, vendors
and financial institutions; keep them in a safe place until you sit down and do your taxes
Software
Consider tracking your finances using a finance software program---you can
monitor expenses, track bill due dates (to avoid late charges), manage your budget
Valuable Documents
Each January, review your will and make sure it is up
to date and meets your current wishes; review tax implications
Insurance
Update your home or business inventory. Keep a copy off premises--remember photos & videos
are a great additional way to show your possessions
