July 13, 2016

Self-Employed with 2015 individual income tax return extension(s)? You can still make your SEP-IRA contribution for 2015!

If you are Self-Employed and timely extended your 2015 individual tax return (Federal Form 1040 and any necessary State income tax returns), there is still time to make a SEP-IRA retirement plan contribution for 2015.

Extended 2015 individual income tax returns must be filed by Monday, October 17, 2016.

If you are Self-Employed and timely filed the appropriate extension(s) for your 2015 individual income taxes, you have until Monday, October 17, 2016 to make your 2015 SEP-IRA contributions.

If you are self-employed and do not have a retirement plan, please consider a SEP-IRA.  Easy to open with a low cost brokerage account and very little administration.  For more information about self-employed tax matters, visit the Internal Revenue Services' Self-Employed Individual Tax Center.

Questions about Financial Planning, Tax, or Insurance Related Business Issues?

Please contact me if you have questions or concerns about financial planning, tax, or insurance related business matters.  I provide Insurance Consulting, Expert Witness, and Tax Services to clients (including Self-Employed Individuals and Corporations) throughout the United States.

For information about my Consulting, Expert Witness, and Tax Services visit Fouts Financial Group.

Mary Rae Fouts

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