As the tax filing deadline approaches, many people are focused on getting their returns submitted. April is an important checkpoint in the financial calendar and can provide valuable insight into both the year behind you and the planning opportunities ahead.

• Federal Tax Filing DeadlineFile your tax return or request an extension if needed.
• Last day to contribute to a Traditional or Roth IRAFor the prior tax year. This is often a final opportunity to strengthen retirement savings and, in some cases, reduce taxable income.
• Last day to make a prior-year HSA contribution (if eligible)Health Savings Accounts remain one of the most tax-efficient savings tools available, offering potential tax benefits on contributions, growth, and qualified withdrawals.
• First estimated tax payment dueFor the current year - Important for self-employed individuals and others who make quarterly tax payments.

After Your Return Is Complete

Once your return is finalized, the numbers can help guide planning for the year ahead. It may be a good time to review your tax withholding, retirement contribution strategy, and other tax-efficient planning opportunities.

At Parker Advisors, we believe tax returns tell a story. Once we know the numbers, we can begin planning the next chapter.