The clock is ticking down to the tax filing deadline. The good news: There may still be an opportunity to save on your tax bill. If you qualify, you can make a deductible contribution
to a traditional IRA right up until the April 17, 2007 filing date and still benefit from the resulting tax savings on your 2006 return.
Small business owners can set up and contribute to a Simplified Employee Pension (SEP) plan up until the due date for their returns, including extensions.
You also have until April 17 to make a contribution to a Roth IRA.
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