Time is running out to make these last-minute tax changes and donations. (Photo: Getty)

Tax Day is April 18, 2017, but Dec. 31, 2016, is the last day for taxpayers to make most changes that will affect their 2016 returns, the IRS reminded investors in a notice posted on its website.

For example, deductions for charitable donations made with a credit card, even if the bill isn’t paid until after the new year, can be made on the 2016 return. The same principle applies for clients who still write checks to charities; if it was mailed before the end of the year, it can be claimed on the 2016 return.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.